CleanSpark, Inc. (CLSK) experienced a significant intraday surge, with its stock price soaring 8.77% during Friday's trading session.
The sharp upward movement appears driven by reinforcing positive analyst sentiment. Needham reiterated its Buy rating on the stock with a price target of $19.00, and Chardan Capital also maintained its Buy rating. This show of confidence from analysts provided a strong catalyst for investor buying, outweighing a separate analyst action from H.C. Wainwright, which cut its price target on the stock.
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