Roth/MKM raises Iris Energy price target to $82 from $35 on AI Cloud growth
PositiveFinancial Markets

Roth/MKM has significantly raised its price target for Iris Energy from $35 to $82, driven by the company's promising growth in the AI cloud sector. This adjustment reflects strong confidence in Iris Energy's potential to capitalize on the increasing demand for AI-driven solutions, making it a noteworthy player in the tech landscape. Investors should take note of this optimistic outlook as it could signal a lucrative opportunity in the rapidly evolving market.
— Curated by the World Pulse Now AI Editorial System