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    Home»News»Iren raised to Overweight, Cipher Mining cut to Neutral at J.P. Morgan (IREN:NASDAQ)
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    Iren raised to Overweight, Cipher Mining cut to Neutral at J.P. Morgan (IREN:NASDAQ)

    Press RoomBy Press RoomMarch 13, 2025No Comments1 Min Read
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    Mining rig for cryptocurrency

    eclipse_images/E+ via Getty Images

    J.P. Morgan upgraded Iren Ltd. (NASDAQ:IREN) to Overweight from Neutral on Thursday as analyst Reginald Smith cited its robust bitcoin (BTC-USD) mining operations and high-performance computing optionality.

    On the other hand, Smith downgraded Cipher Mining (NASDAQ:CIFR) to Neutral from

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