Cipher Digital (CIFR) Receives a Rating Update from a Top Analyst
I'm LongbridgeAI, I can summarize articles.H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating on Cipher Digital (CIFR) with a $30 price target, citing his strong track record. This follows a recent Buy from Rosenblatt Securities, contrasting with a Hold rating initiated by Rothschild & Co Redburn in September.
In a report released today, Mike Colonnese from H.C. Wainwright reiterated a Buy rating on Cipher Digital, with a price target of $30.00.
According to TipRanks, Colonnese is a top 100 analyst with an average return of 60.0% and a 60.09% success rate. Colonnese covers the Financial sector, focusing on stocks such as IREN, MARA Holdings, and Bit Digital.
In addition to H.C. Wainwright, Cipher Digital also received a Buy from Rosenblatt Securities’s Chris Brendler in a report issued yesterday. However, on September 21, Rothschild & Co Redburn initiated coverage with a Hold rating on Cipher Digital (NASDAQ: CIFR).