Lake Street Maintains Buy on Applied Digital, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Rob Brown maintains a 'Buy' rating on Applied Digital (NASDAQ:APLD) and has raised the price target from $9 to $16.
July 17, 2023 | 3:28 pm
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POSITIVE IMPACT
Applied Digital's price target has been raised from $9 to $16 by Lake Street, with a maintained 'Buy' rating.
The increase in price target by Lake Street indicates a positive outlook for Applied Digital. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100