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The stock's technical upgrade and significant momentum shift suggest improved investor confidence, akin to when analysts upgraded guidance for similar tech firms, leading to price jumps.
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Core Scientific's stock shows definitive bullish signals after BTIG upgrade. Momentum score improved dramatically from 16.34 to 81.98 this week. Analyst Gregory Lewis set a price target of $23, upgrading to Buy. The company aims to leverage its infrastructure for high-performance computing. CORZ stock increased 26.40% over the last six months.
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