Bernstein Initiates Coverage On Riot Platforms with Outperform Rating, Announces Price Target of $15.6
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Gautam Chhugani has initiated coverage on Riot Platforms (NASDAQ:RIOT) with an Outperform rating and a price target of $15.6.
October 30, 2023 | 8:25 pm
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POSITIVE IMPACT
Bernstein's Outperform rating and price target of $15.6 for Riot Platforms could potentially boost the company's stock in the short term.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Bernstein's Outperform rating and price target of $15.6 for Riot Platforms suggest a positive outlook for the company, which could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100