CIFR is trading at $27.30 (+4.12%) in pre-market, recovering from yesterday's 5.14% drop to $26.22. - The rally follows BTIG maintaining a 'Buy' rating and significantly raising its price target for CIFR to $35.00 from $25.00. - The move is also supported by positive sentiment in the crypto market, with Bitcoin trading higher, and major indices also showing gains in the pre-market session.