Analysts Maintain Positive Ratings on Crypto-Linked Companies Despite Market Challenges
Benchmark, TD Cowen, and Mizuho have maintained positive ratings on four companies linked to the cryptocurrency sector. According to NS3.AI, analysts believe the market is undervaluing these companies' strategic shifts. Bitdeer's AI cloud has reported an annual recurring revenue of $69 million, highlighting its growth potential. Meanwhile, Mizuho has adjusted Gemini's price target to $10, yet continues to rate it as outperforming.
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