PANews reported on September 28th that, according to Investing.com, JPMorgan Chase downgraded CleanSpark (NASDAQ: CLSK) from "overweight" to "neutral" and lowered its target price from $15 to $14, citing valuation concerns. CLSK is currently trading at $13.68, having risen 68% in the past six months, and technical indicators suggest it's "overbought." The company boasts a Bitcoin hashrate of 50 exahashes per second, ranking it among the top four publicly traded mining companies. Its market capitalization is approximately $3.85 billion, with revenue growing 84.7% over the past 12 months and a current ratio of 4.37. JPMorgan stated that it prefers to wait for a correction in the stock price before taking a bullish view, not due to operational issues. Additionally, CleanSpark expanded its Bitcoin-collateralized credit line with Coinbase Prime to $400 million and adjusted its management structure.