HC Wainwright restated their buy rating on shares of Cipher Mining (NASDAQ:CIFR – Get Rating) in a research note released on Thursday, Benzinga reports. They currently have a $3.00 price target on the stock.
CIFR has been the topic of several other research reports. Cantor Fitzgerald assumed coverage on shares of Cipher Mining in a research note on Monday, March 13th. They set a buy rating and a $3.00 target price on the stock. Needham & Company LLC assumed coverage on shares of Cipher Mining in a research note on Tuesday, February 21st. They set a buy rating and a $2.70 target price on the stock.
Cipher Mining Trading Up 18.4 %
Shares of NASDAQ CIFR opened at $2.32 on Thursday. Cipher Mining has a one year low of $0.38 and a one year high of $3.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.18 and a quick ratio of 3.56. The firm has a fifty day moving average of $1.48 and a 200 day moving average of $1.18.
Institutional Investors Weigh In On Cipher Mining
About Cipher Mining
Cipher Mining Inc, a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.
- Get a free copy of the StockNews.com research report on Cipher Mining (CIFR)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for Cipher Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cipher Mining and related companies with MarketBeat.com's FREE daily email newsletter.