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Cipher Digital's stock price fell 15.7%, but Bernstein maintained its "outperform" rating on the stock.

2026-08-05 08:50:16
Shareshare
Odaily Planet Daily reports that shares of Bitcoin mining company Cipher Digital fell 15.7% after the company reported a widening loss in the second quarter. Bernstein maintained its "outperform" rating and $32 price target for the company, noting that the execution of Cipher's three contracted AI data center projects is progressing as planned.
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