Northland Capital Markets Maintains Outperform Rating for Riot Platforms: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Northland Capital Markets has maintained its Outperform rating for Riot Platforms (NASDAQ:RIOT) but lowered its price target from $16.00 to $15.00. Riot Platforms' shares are currently trading down 3.93% at $9.53 per share. A move to $15.00 would represent a 57.4% increase from the current share price.
October 09, 2023 | 5:00 pm
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Riot Platforms' Outperform rating has been maintained by Northland Capital Markets, but the price target has been lowered to $15.00.
The Outperform rating maintained by Northland Capital Markets indicates a positive outlook for Riot Platforms. However, the lowering of the price target could potentially indicate a less optimistic view of the company's future performance. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100