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Fly News Breaks for August 27, 2019
CLSK
Aug 27, 2019 | 07:04 EDT
H.C. Wain analyst Amit Dayal started CleanSpark with a Buy rating and $4 price target. The analyst believes the shift in the company's revenue and margins should positively impact its valuation. CleanSpark is implementing a software as a service type revenue model with recurring annual revenues, which is still "fairly unique for the energy industry, but a trend that is gaining traction," Dayal tells investors in a research note.
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