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Freedom Capital Markets initiates coverage of Cipher Digital with Hold

Freedom Capital Markets initiated coverage on Cipher Digital (CIFR) with a Hold rating and a $22.00 price target, implying 29.9% upside from the Sep 17 close of $16.94.

CIFR

00 price target. 94. Key takeaways from the analyst note included the regulatory environment, with the text noting recent tightening of regulations in Texa…