Analyst Ratings


Markets

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Markets

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies

The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

(Shutterstock)

Markets

Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord

The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Markets

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright

The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.

A Hut 8 mining facility (hut8.io)

Finance

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High

The broker raised its year-end price target for the software company to $2,150 from $1,875.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Markets

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Bitcoin miners (Shutterstock)

Markets

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Coinbase upgraded to buy from neutral on improving regulatory risk: Citi. (Coinbase)

Markets

Core Scientific Upgraded to Buy From Neutral to Reflect HPC Expansion: B Riley

The bitcoin miner will be a leader in hosting high-performance computing due to its lucrative deals with CoreWeave and management’s deep experience in operating enterprise data centers, the report said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Markets

DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says

The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

Defi Technologies sell-off is overdone, reiterate Buy: Benchmark (sergeitokmakov/Pixabay)

Markets

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

The broker assigned the software company an outperform rating and a $2,890 price target.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Pageof 11