Cipher Digital and 8X8 Get Analyst Boost, Salesforce Held Steady
Analysts have weighed in on three technology companies: Cipher Digital (CIFR), 8X8 (EGHT), and Salesforce (CRM).
Cipher Digital has received a Buy rating from analysts. Rosenblatt Securities analyst Chris Brendler reiterated his Buy rating with a price target of $30.00, suggesting an upside of 64.6% from current levels.
In contrast, 8X8's shares closed near its 52-week low after Catharine Trebnick from Rosenblatt Securities maintained a Buy rating with a price target of $3.00. This implies a 72.0% upside from current levels.
Salesforce (CRM) has seen analyst consensus shift to Moderate Buy, with an average price target of $269.14, representing a 7.8% upside from current levels.