What 6 Analyst Ratings Have To Say About Riot Platforms
Portfolio Pulse from Benzinga Insights
In the last 3 months, 6 analysts have offered 12-month price targets for Riot Platforms (NASDAQ:RIOT), with an average price target of $12.67, up 31.7% from the previous average of $9.62. The company has received 4 bullish, 1 somewhat bullish, and 1 indifferent rating.
June 06, 2023 | 3:06 pm
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Riot Platforms has an increased average 12-month price target of $12.67, with 4 bullish, 1 somewhat bullish, and 1 indifferent analyst rating in the last 3 months.
The increased average 12-month price target and predominantly bullish analyst ratings indicate a positive outlook for Riot Platforms in the short term. This could lead to an increase in the stock price as investors may perceive the company as a good investment opportunity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100