B. Riley started coverage on shares of Iris Energy ( NASDAQ:IREN – Get Rating ) in a research report report published on Thursday, The Fly reports. The firm issued a buy rating and a $4.00 price target on the stock. A number of other brokerages have also issued reports on IREN. Canaccord Genuity Group cut their price target on Iris Energy from $14.00 to $8.00 and set a buy rating for the company in a research note on Friday, February 17th. HC Wainwright raised Iris Energy from a neutral rating to a buy rating and lifted their target price for the company from $3.

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