Roth MKM initiated coverage of Core Scientific (CORZ) with a Buy rating and $25.50 price target The company’s strategic shift and diversification to high-performance-compute infrastructure, alongside ongoing BTC mining, provides a clear path to stable and predictable cash flow growth, the analyst tells investors in a research note. With an improved capital structure, Core Scientific is well-positioned for future growth, customer diversification, and enhanced financial stability, driving profitability in a dynamic digital infrastructure market, the firm added.
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