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WhiteFiber price target lowered to $20 from $34 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on WhiteFiber (WYFI) to $20 from $34 and keeps a Buy rating on the shares following the Q4 report. The company’s cloud revenue will take a hit in Q1 from customer and tech turnover, the analyst tells investors in a research note.

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