Rosenblatt Applauds Pivot to AI Infrastructure Amidst Crypto Worst-Case Scenario
Cipher Mining Inc. (NASDAQ:CIFR) is one of the most active US stocks to buy according to analysts. On December 19, Rosenblatt lowered the firm’s price target on Cipher Mining to $25 from $33, while maintaining a Buy rating on the shares. 2025 has been a difficult year for Bitcoin miners, as high network difficulty collided with a sharp downturn in BTC prices to create a worst-case scenario for profitability. The firm also noted that pure-play miners that are solely focused on crypto face significant financial strain, but the impact is less severe for companies that have diversified into HPC.
Earlier on November 24, JPMorgan upgraded Cipher Mining to Overweight from Neutral with a price target of $18, up from $12. The firm…
