Analysts Have Conflicting Sentiments on These Financial Companies: Carlyle Group (CG) and Bitfarms (BITF)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Carlyle Group (CG – Research Report) and Bitfarms (BITF – Research Report).

Carlyle Group (CG)

Evercore ISI analyst Glenn Schorr downgraded Carlyle Group to Hold today. The company’s shares closed last Tuesday at $34.43.

According to TipRanks.com, Schorr is a 4-star analyst with an average return of 6.0% and a 62.1% success rate. Schorr covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, JPMorgan Chase & Co., and Blackstone Group.

Carlyle Group has an analyst consensus of Moderate Buy, with a price target consensus of $38.00, which is an 8.6% upside from current levels. In a report issued on November 17, BMO Capital also assigned a Hold rating to the stock.

See the top stocks recommended by analysts >>

Bitfarms (BITF)

Cantor Fitzgerald analyst Josh Siegler maintained a Buy rating on Bitfarms yesterday and set a price target of $2.00. The company’s shares closed last Tuesday at $1.34.

According to TipRanks.com, Siegler is a 1-star analyst with an average return of -1.4% and a 45.2% success rate. Siegler covers the Financial sector, focusing on stocks such as Riot Platforms, TeraWulf Inc, and Iris Energy.

Currently, the analyst consensus on Bitfarms is a Strong Buy with an average price target of $3.00.

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Read More on CG:

• Here’s Why Carlyle Group Stock (NASDAQ:CG) Jumped Yesterday
• Carlyle to replace ICU Medical in S&P 400 at open on 11/30
• McDonald’s to acquire Carlyle’s stake in McDonald’s China
• Carlyle price target raised to $40 from $38 at BMO Capital
• Carlyle price target lowered to $38 from $39 at Barclays