Northland Capital Markets Maintains Outperform on Riot Platforms, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Mike Grondahl maintains an Outperform rating on Riot Platforms (NASDAQ:RIOT) but lowers the price target from $16 to $15.
October 09, 2023 | 2:10 pm
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Riot Platforms' price target has been lowered from $16 to $15 by Northland Capital Markets, though the Outperform rating is maintained.
The lowering of the price target by Northland Capital Markets could potentially create a negative sentiment among investors. However, the maintained Outperform rating indicates that the analyst still sees potential in the stock, which could balance out the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100