Cantor Fitzgerald lowered the firm’s price target on CleanSpark (CLSK) to $17 from $21 and keeps an Overweight rating on the shares. The investment case for CleanSpark has now shifted to AI, with what appears to be strong momentum for its Sandersville site, and the company is adding additional large site capacity behind that, the analyst tells investors in a research note. The recent selloff makes shares attractive, the firm adds.
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