Alert: Major Price Advance (11/15/23)-Marathon Digital Holdings Inc (NASDAQ: MARA).

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Marathon Digital Holdings Inc (NASDAQ: MARA) stock enjoyed a major increase of 11.7% on 11/15/23. The shares closed at $10.24. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 11.5% during the last week.

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Current PriceTarget Research Rating

MARA is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

Marathon Digital Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Marathon Digital Holdings has a poor Appreciation Score of 27 but a good Power Rating of 83, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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