I'm LongbridgeAI, I can summarize articles.Bernstein analyst Gautam Chhugani maintained a Buy rating on Cipher Mining (CIFR) with a $32.00 price target, despite shares closing at $15.50. The Street consensus is Strong Buy with an average target of $30.59, implying 97.35% upside. J.P. Morgan also holds a Buy rating with a $22.00 target.
Bernstein analyst Gautam Chhugani maintained a Buy rating on Cipher Mining yesterday and set a price target of $32.00. The company’s shares closed yesterday at $15.50.
According to TipRanks, Chhugani is a 5-star analyst with an average return of 23.6% and a 45.86% success rate. Chhugani covers the Financial sector, focusing on stocks such as Riot Platforms, MARA Holdings, and IREN.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cipher Mining with a $30.59 average price target, representing a 97.35% upside. In a report released on August 26, J.P. Morgan also maintained a Buy rating on the stock with a $22.00 price target.