IREN Limited (NASDAQ:IREN) is identified as one of the top 10 meme stocks to invest in, with Canaccord Genuity reiterating a Buy rating and a $70 price target on February 10. The company plans to deliver 140,000 GPUs by 2026, aiming for $3.4 billion in revenue. Cantor Fitzgerald cut its price target to $82 due to revenue decline from Bitcoin prices. Despite this, the stock retains a Moderate Buy rating with an average upside of 99.35%. IREN Limited operates data centers focusing on Bitcoin and AI with renewable energy sources.
Read more at Yahoo Finance: Canaccord Genuity Reiterates Buy on IREN Limited (IREN)
