JPMorgan (JPM) raised its price targets for a number of bitcoin BTC mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday.The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot Platforms (RIOT) objective to $14 from $13 and its MARA Holdings (MARA) target to $19 from $18."Our price targets generally increased due to higher bitcoin prices and improving mining profitability," analysts Reginald Smith and Charles Pearce wrote.JPMorgan said it tweaked the price targets to reflect a 24% increase in the bank's spot bitcoin assumption and a 9% increase to its network hashrate estimate
source: https://www.coindesk.com/markets/2025/06/13/bitcoin-miner-price-targets-raised-to-reflect-improved-industry-economics-jpmorgan