Market News AIOpen the app

Bernstein cut its price target for MARA Holdings, Inc. from $17 to $10 due to issues in bitcoin mining.

OpinionRead the original at moomoo.com
Bad for MARA

Bernstein cut MARA's price target and assigned less value to expected AI data-center rental income. Tighter financing and Texas uncertainty add business concerns, with no favorable change reported to balance them.

MARA · MARA Holdings, Inc.

AI read · Bad for MARA

The AI's read

This makes MARA's planned AI data-center business look less valuable to Bernstein. Tighter financing could also make expansion harder, and Texas rules and operating conditions remain uncertain.

Get alerts for MARA

Follow MARA Holdings, Inc. (MARA) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for MARA
Free on the App Store and Google Play, or on the web.