B. Riley and Cantor Fitzgerald Lift Price Targets on IREN

Group 1 - IREN Limited (NASDAQ:IREN) is recognized as one of the 12 best-performing stocks over the last three months, with significant price target increases from analysts [1][2] - B. Riley raised its price target for IREN Limited from $29 to $74, maintaining a Buy rating, while Cantor Fitzgerald increased its target from $49 to $100, keeping an Overweight rating [1][2] - Cantor Fitzgerald anticipates growth in IREN Limited's AI Cloud Services segment, suggesting that despite recent stock gains, there is still substantial growth potential [2][3] Group 2 - IREN Limited is currently trading at approximately a 75% discount compared to neocloud companies on a contracted megawatt basis, with expectations that this gap will close over time, leading to a potential "material re-rating" [4] - The company possesses unique advantages, including access to land, power, capital, and data center expertise, positioning it to become a major provider of computing services globally [4] - IREN Limited operates as a vertically integrated data center company, focusing on Bitcoin mining, high-performance computing solutions, and AI cloud services, with facilities in Canada and the US [4]