Applied Digital shares are trading higher after Needham maintained a Buy rating on the stock and raised its price target from $16 to $17.5
Portfolio Pulse from Benzinga Newsdesk
Needham has maintained a Buy rating on Applied Digital's stock and raised its price target from $16 to $17.5, leading to a rise in the company's shares.
July 25, 2023 | 4:29 pm
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Applied Digital's shares are trading higher after Needham maintained a Buy rating and raised its price target from $16 to $17.5.
The increase in Applied Digital's price target by Needham, a reputable financial firm, indicates a positive outlook for the company. This has led to an increase in the company's share price as investors react to the news.
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