B. Riley Cuts Price Targets on Bitdeer and CleanSpark
B. Riley Securities lowered its price target on Bitdeer to $19 from $21 and on CleanSpark to $21 from $26, per Dow Jones Newswires. Bitdeer stays at Buy.
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what happened
Analysts at B. Riley Securities cut their price target for Bitdeer Techs Group to $19 from $21 and kept the stock at Buy. Dow Jones Newswires reported this, citing Benzinga ratings data.
The firm also lowered its CleanSpark target to $21 from $26. The report does not mention any change to the rating on that company.
why it matters
A target change reflects an analyst's valuation view, not an event at the company or a shift in mining output. The source material gives no reasons for either revision, so it offers no direct read on miners' hashprice, power costs or sensitivity to the Bitcoin price.
tags
instruments
sources
- Bitdeer Techs Group Price Target Cut to $19.00/Share From $21.00 by B. Riley Securities — Dow Jones Newswires, 30 October 2026 at 13:22 UTC
- CleanSpark Price Target Cut to $21.00/Share From $26.00 by B. Riley Securities — Dow Jones Newswires, 30 October 2026 at 13:22 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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