Cantor Fitzgerald Reiterates Overweight on Riot Platforms, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Riot Platforms (NASDAQ:RIOT) and maintained a $19 price target for the company's stock.

November 27, 2023 | 6:38 pm
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Cantor Fitzgerald analyst Josh Siegler reaffirmed an Overweight rating and a $19 price target on Riot Platforms, indicating a positive outlook for the stock.
The reiteration of an Overweight rating and the maintenance of a $19 price target by a reputable analyst like Josh Siegler from Cantor Fitzgerald could lead to increased investor confidence in Riot Platforms. This positive endorsement is likely to influence market sentiment and could result in a short-term uptick in the stock's price, as it suggests the analyst believes the stock is undervalued at its current price and has the potential to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100