Reported about 10 hours ago
Needham analyst John Todaro has increased the price target for Core Scientific, Inc. (NASDAQ:CORZ) from $16 to $18 while maintaining a Buy rating. The upgrade is attributed to growing confidence in the company among investors and a strong demand environment for Bitcoin mining that is expected to outpace supply over the next five years. Despite this positive outlook and attractive valuation, CORZ continues to trade at a discount compared to its peers.
Source: YAHOO