Jefferies Initiates Buy Rating on IREN Ltd.

On June 18, Jefferies analyst Jonathan Petersen initiated coverage on IREN Ltd. (NASDAQ:IREN) with a 'Buy' rating and a $79 price target. The firm highlighted the company's strategic shift in leveraging its land bank and vertically integrated GPU cloud infrastructure to meet AI demand.

By Muhammad Ali Khalid Sun, June 28, 2026 at 11:18 AM GMT+3 2 min read · Yahoo Finance · June 28, 2026, 08:18 UTC

Jefferies Initiates Buy Rating on IREN Ltd.

Tickers: $IREN

Topics: AI infrastructure analyst coverage data centers stock rating

Read the full article at Yahoo Finance

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