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Analysts Raise Price Target for Cipher Mining (CIFR)
Yahoo Financeยท 2025-11-03 16:15
Group 1 - Cipher Mining Inc. (NASDAQ:CIFR) is recognized as one of the 12 best performing stocks over the last three months, with a price target increase from $17 to $25 by H.C. Wainwright, maintaining a Buy rating [1] - Analysts anticipate strong third-quarter results for mining companies due to significant sequential growth in Bitcoin prices, with public miners adding 58.4 EH/s to their operations during this period [2] - Rosenblatt Securities also raised its price target for Cipher Mining Inc. from $14 to $25, reiterating a Buy rating, highlighting the company's role in constructing and operating industrial-scale data centers for Bitcoin mining and high-performance computing [3]