Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
JPMorgan updates Bitcoin mining company ratings: Some are revised to neutral, multiple companies' stock target prices are lowered

JPMorgan updates Bitcoin mining company ratings: Some are revised to neutral, multiple companies' stock target prices are lowered

Bitget2025/03/14 02:09
BTC+0.49%

Golden Finance reports that JPMorgan Chase has announced updates to the ratings and target prices of listed Bitcoin mining companies based on the Q4 2024 earnings report, mainly including:

1. Upgrading IREN's rating from neutral to overweight, but lowering its target price from $15 to $12;

2. Downgrading Cipher Mining's rating from overweight to neutral, while withdrawing a target price of $8;

3. Reiterating an overweight rating for Riot Platforms and CleanSpark, and reducing their respective target prices to $13 and $12;

4. Rating MARA Holdings (MARA) as neutral, with the company's target price lowered from $23 to $18.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
US SEC Chair: The United States is ten years behind in the crypto sector; establishing a regulatory framework to attract innovation is a top priority
2
Aster updates Stage 3 trading points rules: both spot and perpetual contract trading volumes are included

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,859.5
+2.02%
Ethereum
Ethereum
ETH
$3,874.78
+4.01%
Tether USDt
Tether USDt
USDT
$1
+0.07%
BNB
BNB
BNB
$1,103.69
+5.60%
XRP
XRP
XRP
$2.36
+5.55%
Solana
Solana
SOL
$184.9
+3.59%
USDC
USDC
USDC
$1.0000
-0.01%
TRON
TRON
TRX
$0.3133
+1.73%
Dogecoin
Dogecoin
DOGE
$0.1874
+4.40%
Cardano
Cardano
ADA
$0.6354
+4.80%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter