🟢 IREN is trading 4.1% up today after Citizens reiterated its Market Outperform rating

IREN is trading 4.1% up at $38.34 after Citizens reiterated its Market Outperform rating and $80 price target on September 2, 2026.

• The analyst cited IREN’s continued shift from bitcoin mining toward AI infrastructure, platform scaling, and increasing AI Cloud contribution.
• Bitcoin is down 0.40% and Ethereum 1.63% since the prior close, so cryptocurrency weakness does not explain the gain.
• Broader equities are modestly higher, supporting sentiment.