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News 2026-09-15 12:21 UTC

IREN Draws a Two-Notch Upgrade on Neocloud Pricing

IREN Ltd. NASDAQ:IREN was upgraded to Overweight from Underweight by JPMorgan, which raised its price target to $65 from $46. The firm said IREN is establishing itself as a top tier neocloud provider on the back of its partnership with Nvidia NASDAQ:NVDA, with customer signings gaining pace. IREN s…