H.C. Wainwright Remains a Buy on Bitfarms (BITF)
August 16 2022 - 08:55AM
TipRanks
H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on
Bitfarms (BITF - Research Report) today and set a price target of
$5.00. The company's shares closed yesterday at $2.18.Dede covers
the Technology sector, focusing on stocks such as HIVE Blockchain
Technologies, Bitfarms, and Biotricity. According to TipRanks, Dede
has an average return of -4.2% and a 34.31% success rate on
recommended stocks. Bitfarms has an analyst consensus of Moderate
Buy, with a price target consensus of $5.00.See today’s
best-performing stocks on TipRanks >>Based on Bitfarms'
latest earnings release for the quarter ending March 31, the
company reported a quarterly revenue of $40.3 million and a net
profit of $4.
https://www.tipranks.com/news/blurbs/h-c-wainwright-remains-a-buy-on-bitfarms-bitf-2?utm_source=advfn.com&utm_medium=referral
Bitfarms (NASDAQ:BITF)
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