Although Bitdeer Technologies (BTDR) has significant upside potential, Wall Street remains divided on its outlook.
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According to a report by Bijie Network: Keefe Bruyette analyst Stephen Glagola downgraded Bitdeer Technologies Group (NASDAQ:BTDR) from "Buy" to "Hold," and also lowered the target price from $26.50 to $14, citing uncertainty regarding the company's artificial intelligence cloud service expansion. In contrast, Needham analyst John Todaro maintained a "Buy" rating with a target price of $30. This blockchain and high-performance computing company aims to become a leading bitcoin miner by 2026.
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