HC Wainwright & Co. Reiterates Marathon Digital Holdings (MARA) Buy Recommendation
Fintel reports that on September 6, 2023, HC Wainwright & Co. reiterated coverage of Marathon Digital Holdings (NASDAQ:MARA) with a Buy recommendation.
Analyst Price Forecast Suggests 35.46% Upside
As of August 31, 2023, the average one-year price target for Marathon Digital Holdings is 16.34. The forecasts range from a low of 11.11 to a high of $21.00. The average price target represents an increase of 35.46% from its latest reported closing price of 12.06.
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The projected annual revenue for Marathon Digital Holdings is 545MM, an increase of 212.96%. The projected annual non-GAAP EPS is 0.67.
- For more in-depth coverage of Marathon Digital Holdings, view the free, crowd-sourced company research report on Finpedia.
What is the Fund Sentiment?
There are 376 funds or institutions reporting positions in Marathon Digital Holdings. This is a decrease of 6 owner(s) or 1.57% in the last quarter. Average portfolio weight of all funds dedicated to MARA is 0.30%, an increase of 17.14%. Total shares owned by institutions increased in the last three months by 26.99% to 73,594K shares. The put/call ratio of MARA is 0.75, indicating a bullish outlook.