Benchmark maintains Buy rating on Semler Scientific with a target price of $101
According to news from HashChain, Benchmark analyst Mark Palmer has once again confirmed a Buy rating on Semler Scientific (SMLR), with a target price of $101, which is nearly three times the current stock price of $35. The company currently holds 5,021 bitcoins, valued at approximately $586 million, and plans to increase its holdings to 10,000 bitcoins by the end of 2025 through operating cash flow, 4.25% convertible debt, and a small amount of ATM issuance.