Bernstein has assigned Outperform ratings to four Bitcoin (CRYPTO: BTC) miners, citing over $90 billion in AI deals covering 3.7 gigawatts of power capacity across hyperscalers, neoclouds, and chip providers.
Price Targets Imply Massive Upside From Monday Close
Bernstein set a $100 price target on IREN (NASDAQ:IREN), implying 98.1% upside from Monday’s $50.46 close.
CleanSpark (NASDAQ:CLSK) received a $24 target, implying 78.5% upside from $13.44.
Moreover, Riot Platforms (NASDAQ:RIOT) got a $25 target for 7.8% upside from $23.18, while Core Scientific (NASDAQ:CORZ) received a $24 target, 1.8% above Monday’s $23.57 close.