Cantor Fitzgerald cuts price targets on CleanSpark and Riot Platforms
Cantor Fitzgerald lowered its CleanSpark target to $19 from $26 and Riot Platforms to $24 from $30. Ratings data was reported by Benzinga via TradingView.
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what happened
Analysts at Cantor Fitzgerald cut their price target on CleanSpark (CLSK) to $19 a share from $26. ru.tradingview.com reported the change, citing ratings data from Benzinga.
The same bank also lowered its target on Riot Platforms (RIOT) to $24 from $30.
why it matters
Lower price targets reflect a revised view of companies that mine bitcoin. For such miners, the bitcoin price, electricity costs and the size and condition of their equipment fleet matter, so investors typically weigh these rating changes alongside bitcoin's moves and the sector as a whole.
tags
instruments
sources
- CleanSpark Price Target Cut to $19.00/Share From $26.00 by Cantor Fitzgerald — ru.tradingview.com, 16 October 2026 at 20:35 UTC
- Riot Platforms Price Target Cut to $24.00/Share From $30.00 by Cantor Fitzgerald — ru.tradingview.com, 16 October 2026 at 20:35 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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