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0.00153668843641948 -0.000768344218209742 -0.00192086054552442 -0.00344986553976183 0.000768344218209742 -0.00537840952746833 -0.00420284287360741 0
Stock impact report

IREN price target raised to $21 from $19 at B. Riley [Yahoo! Finance]

Iris Energy Limited (IREN) 
Company Research Source: Yahoo! Finance
In This Article IREN https://www.tipranks.com/news/the-fly/iren-price-target-raised-to-21-from-19-at-b-riley B. Riley analyst Nick Giles raised the firm's price target on IREN (IREN) to $21 from $19 and keeps a Buy rating on the shares following the fiscal Q2 report. The firm views the Horizon 1 announcement as a “clear prioritization of colocation opportunities, which investors have expressed a strong preference for.” In addition, Horizon 1 could also prove useful in the marketing of the eventual Sweetwater Data Center Hub, the analyst tells investors in a research note. Riley now views IREN's growth pathway as “incrementally clearer.” Maximize Your Portfolio with Data Driven Insights: Leverage the power of TipRanks' Smart Score , a data-driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Published first on TheFly – Show less Read more
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