Morgan Stanley rates three Bitcoin miners, recommends overweight on Cipher Mining and TeraWulf, underweight on MARA
According to ChainCatcher, citing CoinDesk data, Morgan Stanley analyst Stephen Byrd and his team have rated three bitcoin mining companies. They assigned an “Overweight” rating to Cipher Mining (CIFR) and TeraWulf (WULF), with target prices set at $38 and $37, respectively.
At the same time, they initiated coverage of Marathon Digital (MARA) with an “Underweight” rating and a target price of $8.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $1,863, the cumulative long liquidation intensity on major CEXs will reach $709 millions
An address lost $2.33 million by shorting gold and silver.
The United States is not considering releasing strategic oil reserves.
Trending news
MoreCrypto prices
More
