JP Morgan Chase announced the update of bitcoin mining company ratings and stock price targets based on the fourth quarter of 2024 results report, mainly including:
Upgrade the IREN rating from neutral to overweight, but lower its target price from $15 to $12.
2. Downgrade Cipher Mining's rating from overweight to neutral, while withdrawing its $8 target price.
3. Reiterated its overweight rating on Riot Platforms and CleanSpark, and lowered their price targets to $13 and $12, respectively.
4. MARA Holdings (MARA) is rated neutral, lowering the company's target price from $23 to $18.
JP Morgan Updates Rating of Bitcoin Listed Mining Companies: Partial Callback to Neutral, Several Companies Lower Their Stock Target Prices
2025-03-14 01:40:26
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