Core Scientific (CORZ) Stock: Price Target Raised 41% as Bitcoin Miners Pivot to AI

TLDR Bernstein raised Core Scientific (CORZ) price target to $24 from $17, maintaining Outperform rating Bitcoin miners are pivoting from maximizing bitcoin gains to monetizing their power infrastructure for AI data centers Bernstein abandoned traditional DCF valuation model for sum-of-parts approach to capture AI colocation business value Riot Platforms target raised to $25 from $19, [...]

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