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JPMorgan upgrades Bitcoin miners Cipher and CleanSpark to "Overweight"
Odaily News JPMorgan has raised the ratings of Bitcoin mining companies Cipher and CleanSpark to “Overweight,” citing strong momentum in HPC transformation, raising Cipher's target stock price from $12 to $18, and CleanSpark to $10.8. However, JPMorgan also lowered the target price expectations for two other Bitcoin mining companies, MARA and Riot, to reflect the expected weakening of Bitcoin and increasing stock dilution. (CoinDesk)