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Benzinga
Benzinga
Business
Alex Perry

IREN Stock Is Rallying Wednesday: What's Driving The Action?

IREN Arete Research
IREN Limited

IREN Limited (NASDAQ:IREN) shares are trading higher Wednesday following positive analyst coverage from Arete Research. Here’s what you need to know.

What Happened: Arete Research initiated coverage on IREN on Wednesday with a Buy rating and price target of $78. The Street-high target on IREN is currently $82 and the Street-low target is at $10, according to Benzinga data.

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