IREN

In a report released today, Mike Colonnese from H.C. Wainwright reiterated a Buy rating on Iris Energy (IREN - Research Report), with a price target of $7.00. The company's shares closed yesterday at $4.48.According to TipRanks, Colonnese is an analyst with an average return of -40.9% and an 11.11% success rate.Currently, the analyst consensus on Iris Energy is a Strong Buy with an average price target of $10.38, representing a 131.70% upside. In a report released yesterday, Compass Point also upgraded the stock to a Buy with a $6.50 price target.See Insiders’ Hot Stocks on TipRanks >> The company has a one-year high of $28.
https://www.tipranks.com/news/blurbs/iris-energy-iren-receives-a-buy-from-h-c-wainwright?utm_source=advfn.com&utm_medium=referral