Jefferies lowered its price target for Cipher Digital from $12 to $10 but still says to buy.

Nov 10, 2026, 11:28 AM ETOpinionRead the original at moomoo.com

Neutral

Jefferies cut its target but kept its Buy rating. Cipher's cloud tenants may help with financing, but it has not delivered operating AI data center capacity, so the report points both ways.

CIFR · Cipher Digital

AI read · Neutral

The AI's read

Cipher’s cloud tenants could help it find money for future projects. But the company has not yet delivered operating AI data centers. The lower target points against the retained Buy rating and financing potential, so this update does not clearly favor either side.

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