Needham Raises CleanSpark Price Target Amid Hyperscaler Discussions
Needham raised its price target for CleanSpark (NASDAQ:CLSK) to $18 from $17 following advanced discussions with a major hyperscaler. The firm highlighted the company's potential shift toward AI infrastructure hosting as power scarcity limits hyperscaler expansion.
Topics: AI Infrastructure Bitcoin Mining CleanSpark Hyperscaler Talks Needham