JPMorgan raises target prices for several Bitcoin mining companies

According to ChainCatcher news and a report from CoinDesk, JPMorgan raised the target stock prices for several Bitcoin mining companies in a research report released on June 13. Among them, CleanSpark (CLSK) was raised from $12 to $14, Riot Platforms (RIOT) from $13 to $14, and MARA Holdings (MARA) from $18 to $19. The analyst from this line stated that the adjustment is based on the expectation of a 24% increase in Bitcoin prices and a 9% growth in network hash rate. The report reiterates the "buy" ratings for CleanSpark, IREN, and Riot Platforms, while maintaining a "neutral" rating for Cipher Mining and MARA Holdings.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)