$IREN (-6,41%) Cantor Fitzgerald Raises PT to $100 from $49.
"We are raising our price target to $100, as we adjust our AI Cloud Services revenue estimates for IREN. Over the past several months, IREN has heavily leaned into its AI Cloud Services segment, a business we believe will ultimately closely resemble that of CRWV."
The share price is almost at 70$ and the Dude now has the idea of raising it from 32$ to 75$. I could also take on this task as long as you only have to adjust price targets downstream in this job.
That is no longer a big statement, but rather an admission that we have misjudged. We will still see 75$ this month. If things go well, even this week.
