Reported about 10 hours ago
Cipher Mining Inc. (NASDAQ:CIFR) experienced a notable increase in its stock price, rising 8.57% to $5.32, following upgraded price targets from several analysts. Macquarie raised its price target to $8, indicating significant growth potential, while Keefe, Bruyette & Woods adjusted theirs to $8 but noted a decrease from a prior target of $10. Other firms also expressed positive outlooks, contributing to the company's strong performance despite a substantial rise in net losses.
Source: YAHOO