Analyst Doubles Down Bet on This Hot Bitcoin Stock

analyst, shares, bitcoin, again, digital,
Middle East

Analyst Doubles Down Bet on This Hot Bitcoin Stock

Oops!Something went wrong.Please try again later.TipRanksOctober 13, 2021, 8:50 AM·2 min readIn this article: Oops!Something went wrong.Please try again later.

Bitcoin has been charging ahead again recently, and as is customary, positive BTC price action tends to resonate well with companies dependent on its success. This is especially true for bitcoin miners, who obviously stand to gain from the leading cryptocurrency’s elevated price. To wit, shares of Marathon Digital (MARA) have been putting in a strong performance as of late, and are up by 32% over the past month.

Those are some nice returns, but B. Riley analyst Lucas Pipes thinks shares still have a way to go. Quite a bit, as it happens. The analyst reiterated a Buy rating and $87 price target, suggesting shares will more than double over the next 12 months. (To watch Pipes’ track record, click here)

Suez taught us our future lay in Europe. So will Brexit

Tech Talk: Facebook plans to change its name, says The Verge – Gulf Digital News

What is the ‘delta plus’ variant of the coronavirus? – The Peninsula Qatar

TV: Seoul files complaint against unionists who rallied in ‘Squid Game’ costume – Gulf Digital News