Stock Track | IREN Ltd Soars 5.03% Intraday After Double Upgrade to Buy by H.C. Wainwright

Stock Track01-14

IREN Ltd's stock surged 5.03% intraday on Tuesday following a double upgrade from Sell to Buy by H.C. Wainwright & Co. The firm also raised its price target for IREN to $80 from $56, signaling strong confidence in the company's future performance.

Analyst Mike Colonnese cited a "transformative year" ahead for IREN, which likely contributed to the bullish sentiment among investors. The upgrade reflects optimism about the company's growth prospects and potential market opportunities.

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