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Brokerage firm B Riley raises Core Scientific's rating to Buy
PANews reported on July 17th that brokerage firm B Riley has upgraded Core Scientific’s rating from neutral to buy, and raised the target price from $0.50 to $13, according to CoinDesk. The report pointed out that due to the favorable protocol reached with CoreWeave and the rich experience of the management in operating enterprise data centers, Core Scientific (CORZ) will become the future leader in high-performance computing (HPC) hosting.