WhiteFiber (NASDAQ:WYFI) Upgraded at Zacks Research

Zacks Research upgraded shares of WhiteFiber (NASDAQ:WYFI) to a hold rating in a research report released on Wednesday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Needham & Company LLC assumed coverage on WhiteFiber in a report on Tuesday. They issued a “buy” rating and a $34.00 price target for the company. Wall Street Zen raised WhiteFiber to a “hold” rating in a report on Saturday, August 16th. Macquarie assumed coverage on WhiteFiber in a report on Tuesday. They issued an “outperform” rating and a $28.00 price target for the company. Craig Hallum assumed coverage on WhiteFiber in a report on Tuesday. They issued a “buy” rating and a $25.00 price target for the company. Finally, B. Riley assumed coverage on WhiteFiber in a report on Tuesday. They issued a “buy” rating and a $34.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.20.

WhiteFiber Price Performance

WhiteFiber stock opened at $16.34 on Wednesday. WhiteFiber has a twelve month low of $14.01 and a twelve month high of $25.13.

WhiteFiber Company Profile

We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”).