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Brokerage firm B Riley upgrades Core Scientific to buy

CointimeCointime2024/07/17 16:04
By:Cointime

Brokerage firm B Riley has upgraded its rating for Core Scientific from neutral to buy, and has raised its target price from $0.50 to $13. The report stated that due to the favorable agreement reached with CoreWeave and the management team's rich experience in operating enterprise data centers, Core Scientific (CORZ) will become the future leader in high-performance computing (HPC) hosting.

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