BTIG Sticks to Their Buy Rating for Cleanspark (CLSK)

In a report released today, Gregory Lewis from BTIG reiterated a Buy rating on Cleanspark (CLSK – Research Report), with a price target of $22.00. The company's shares opened today at $9.39.
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Lewis covers the Energy sector, focusing on stocks such as Borr Drilling, TechnipFMC, and Golar LNG. According to TipRanks, Lewis has an average return of 2.1% and a 45.81% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cleanspark with a $19.00 average price target, a 102.34% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $14.00 price target.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CLSK in relation to earlier this year.

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