BTIG raised the firm’s price target on Core Scientific (CORZ) to $19 from $15 and keeps a Buy rating on the shares. The analyst cites the positive impact of bitcoin approaching $100K while noting that even the higher cost producers are generating positive mining margins.
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Read More on CORZ:
- Roth MKM starts Core Scientific at Buy on ‘more stable, predictable cash flow’
- Core Scientific initiated with a Buy at Roth MKM
- Core Scientific price target raised to $19 from $16 at Macquarie
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