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0.000295246530853204 0 0.00147623265426623 0.00206672571597285 0.00383820490109228 0.00295246530853246 0.00206672571597285 0.00206672571597285
Stock impact report

Core Scientific (CORZ) Focusing on Organic Growth Strategy [Yahoo! Finance]

Core Scientific, Inc. (CORZ) 
Company Research Source: Yahoo! Finance
On March 5, Joseph Vafi from Canaccord Genuity increased the price target for Core Scientific Inc. (NASDAQ:CORZ) from $17 to $20. The analyst maintained a Buy rating on the stock that currently yields a revised upside of almost 21%. Vafi pointed out that with the merger headlines brushed aside for the time being, Core Scientific Inc. (NASDAQ:CORZ) is moving forward with its organic growth strategy. This includes the company's acquisition of a new site in Texas, the increase in power capacity at existing facilities, and the company's plans to move the entire power portfolio from BTC mining to AI hosting. On March 3, Clear Street lowered the firm's price target on Core Scientific Inc. (NASDAQ:CORZ) from $27 to $25. The firm maintained its buy rating on the stock, which offers an adjusted upside of more than 51%. Clear Street attributed the recent absence of new lease announcements to typical contract timing and exclusivity negotiations, rather than any fundamental softening in de Show less Read more
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