Wall Street giant JPMorgan has upgraded Cipher Mining and CleanSpark to overweight from neutral, while also introducing price targets for both stocks. It also upgraded MARA Holdings to neutral and raised its price target on the stock. JPMorgan downgraded IREN to neutral but increased its price target on the shares. The bank raised its price target on Riot Platforms while maintaining its overweight rating. JPMorgan also introduced a new valuation framework for the miners, considering their mining operations, land and power portfolios, and bitcoin holdings. The stocks mentioned all experienced gains in early trading.



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