H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Bitfarms (BITF – Research Report) today and set a price target of $7.00. The company's shares closed last Tuesday at $2.01, close to its 52-week low of $1.68. According to TipRanks.com, Dede is ranked 0 out of 5 stars with an average return of -4.6% and a 31.7% success rate. Dede covers the Technology sector, focusing on stocks such as WISeKey International Holding, Mawson Infrastructure Group, and Marathon Digital Holdings. Bitfarms has an analyst consensus of Moderate Buy, with a price target consensus of $7.00. See today’s best-performing stocks on TipRanks >> Bitfarms' market cap is currently $406.
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