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CORZCore Scientific Inc$14.52
24h
+0.97%
29 Jul, 10:55
Macquarie raises CORZ price target to $38 on AMD partnership
Bullish-30.02%
AI Summary
Macquarie reiterates Outperform rating on Core Scientific (CORZ) and raises price target to $38, citing AMD partnership as a transformative growth driver.
$CORZ | Macquarie reiterates 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐂𝐨𝐫𝐞 𝐒𝐜𝐢𝐞𝐧𝐭𝐢𝐟𝐢𝐜, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟑𝟖 𝐟𝐫𝐨𝐦 $𝟑𝟓
Analyst sees the AMD partnership transforming CORZ's growth outlook, adding significant contracted capacity and $14bn in long-term revenue visibility. https://x.com/AIStockSavvy/status/2082419715553583388/photo/1