Wall Street analysts are closely monitoring Core Scientific (IREN) as it transitions its massive power footprint and cooling infrastructure toward dedicated high-performance computing and AI leasing agreements.

Companies in the financial sector drew significant analyst coverage today, with particular attention focused on Root (ROOT) and IREN (IREN).

TD Cowen analyst Andrew Kligerman maintained a Hold rating on Root, setting a price target of $60.00. The company’s shares closed at $55.05 last Thursday, near its 52-week low of $34.04. According to TipRanks.com, Kligerman is a five-star analyst with an average return of 11.5% and a 67.3% success rate. He covers the financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Corebridge Financial, Inc., and Arthur J Gallagher & Co.

General street consensus suggests a Hold rating for Root, with an average price target of $62.75, representing a 7.2% upside from current levels. In a report issued on August 21, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $61.00 price target.

In a report released today, Joseph Vafi from Canaccord Genuity maintained a Buy rating on IREN, with a price target of $79.00. The company’s shares closed last Thursday at $40.53. According to TipRanks.com, Vafi is a five-star analyst with an average return of 19.5% and a 44.8% success rate. He covers the technology sector, focusing on stocks such as Core Scientific Inc., Repay Holdings, and Cipher Mining.

IREN currently carries a Moderate Buy consensus among analysts, with an average price target of $75.33, representing an 85.3% upside from current levels. In a report issued on August 13, Bernstein also maintained a Buy rating on the stock with a $100.00 price target.

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