HC Wainwright & Co. Reiterates Buy on Applied Digital, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Kevin Dede has reiterated a 'Buy' rating on Applied Digital (NASDAQ:APLD) and maintained a $12 price target.
September 21, 2023 | 11:08 am
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Applied Digital's stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $12.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors. The maintained price target of $12 indicates the firm's continued confidence in the company's potential. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100