Clear Street analyst Brian Dobson raised the firm’s price target on Core Scientific (CORZ) to $28 from $25 and keeps a Buy rating on the shares. The lease pipeline expands to 1.1 GW from 800 MW and the firm believes Core remains well-positioned for 2026, but notes that shares may trade lower in the near-term due to the lack of a new hyperscaler contract announcement.
Meet Samuel – Your Personal Investing Prophet
Explore COZX for 2X leverage on CORZPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CORZ:
- Core Scientific plans expansion to 1.5 GW of gross power at Muskogee campus
- Crypto Currents: Strategy posts $12.54B quarterly loss
- Core Scientific reports Q1 Adjusted EBITDA $4.4M vs. ($6.1M) last year
- Core Scientific Earnings Call Signals Aggressive AI Pivot
- Closing Bell Movers: DoorDash spikes 12% after Q1 earnings beat
