Morgan Stanley Initiates a Sell Rating on MARA Holdings (MARA)
MARA Holdings received a Sell rating and price target from Morgan Stanley analyst yesterday.
Valentine's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The word on The Street in general, suggests a Strong Buy analyst consensus rating for MARA Holdings with a $19.40 average price target.
Based on MARA Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $252.41 million and a net profit of $123.13 million. In comparison, last year the company earned a revenue of $131.65 million and had a GAAP net loss of $124.79 million
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MARA in relation to earlier this year.
Read More on MARA:
Disclaimer & DisclosureReport an Issue
- Crypto Currents: Strategy, Galaxy Digital report Q4 earnings results
- Moderately bullish activity in Mara Holdings with shares down 8.34%
- Crypto Currents: Strategy slides while stablecoin yield talks stall
- Regulators ready to lay out crypto rules, WSJ reports
- White House to meet with banks, crypto firms on Monday, Reuters reports
