Clear Street Cuts PT on Cipher Digital (CIFR) to $32 From $34 – Here’s Why

Cipher Digital (NASDAQ:CIFR) is one of the best hot stocks under $20 to buy. On February 25, Clear Street cut the price target on Cipher Digital (NASDAQ:CIFR) to $32 from $34 and maintained a Buy rating on the shares. The firm told investors that it is remaining bullish on the stock coming out of the fiscal Q4 earnings as it sees a clear step-change in its earnings profile beginning in Q4, as lease revenue from Amazon and Fluidstack begins contributing in earnest. It believes that the inflection is underap ...