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YahooSeptember 23, 2026 at 9:36 AM NYLast Month

Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029

The target implies 17.6% downside from Tuesday’s close, despite a steep revenue forecast and valuation discount to peers. Tenant commitments, financing costs and construction execution remain central to the call.

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