Jefferies analyst Jonathan Peterson gave Core Scientific a "buy" rating and a price target of $19. CORZ closed up 6.2 per cent at $14.20. The stock is up more than 300 per cent so far this year.
This summer, Core Scientific signed a 12-year deal with AI Hyperscaler CoreWeave that could generate up to $3.50 billion in total revenue. The mining company has already signed three contracts, adding 70MW and 112MW to its first 200MW deal. Jefferies expects a number of large tech companies to keep a close eye on CoreWeave's development, or to stimulate more partnership contracts.
Jefferies Analysts Give Crypto Mining Stock Core Scientific a "Buy" Rating
2024-10-28 21:32:11
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Jefferies分析师给予加密矿业股Core Scientific“买入”评级Next article：
国际原油结算价跌超6%
