Marathon Digital stock dips on JPMorgan price target cut

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24,179 次觀看・2 個月前

Shares of Marathon Digital (MARA) are falling Tuesday after receiving a price target cut from JPMorgan. Analysts at the firm lowered the price target to $12 from $14, citing recent changes in the price of bitcoin (BTC-USD) and the network hash rate as the reasons behind the move. These factors could potentially affect miners' profitability.

Catalysts co-hosts Brad Smith and Madison Mills break down the details.

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This post was written by Angel Smith