Cantor Fitzgerald Lowers Price Target on IREN Limited (IREN)
Cantor Fitzgerald lowered its price target on IREN Limited (NASDAQ:IREN) from $82 to $61, while maintaining an Overweight rating. The firm cited growing demand for AI infrastructure and persistent supply-demand imbalances in the sector as key factors. Wall Street remains bullish on IREN, with 72% of analysts maintaining a Buy rating.
Tickers: $IREN
Topics: AI infrastructure analyst rating IREN Limited price target stock analysis