WhiteFiber (NASDAQ:WYFI) Price Target Raised to $32.00 at Macquarie

WhiteFiber (NASDAQ:WYFI) had its target price hoisted by Macquarie from $28.00 to $32.00 in a report released on Friday,Benzinga reports. The firm currently has an outperform rating on the stock.

Other research analysts have also recently issued reports about the company. Wall Street Zen cut WhiteFiber from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Roth Capital upped their price target on WhiteFiber from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Needham & Company LLC restated a “buy” rating and set a $34.00 price target on shares of WhiteFiber in a research note on Thursday, September 18th. Zacks Research upgraded WhiteFiber to a “hold” rating in a research note on Wednesday, September 3rd. Finally, Craig Hallum started coverage on WhiteFiber in a research note on Tuesday, September 2nd. They set a “buy” rating and a $25.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.60.

WhiteFiber Price Performance

WYFI opened at $22.83 on Friday. WhiteFiber has a one year low of $14.01 and a one year high of $29.53.

About WhiteFiber

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”).