Analyst Ratings for Riot Platforms
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 Wall Street analysts have published their opinions on Riot Platforms (NASDAQ:RIOT), with 7 giving somewhat bullish ratings and 1 somewhat bearish. The average 12-month price target for RIOT is $18.01, with a high of $23.00 and a low of $6.50. This target has increased by 12.56% over the past month. Analysts' ratings are based on company data, financial statements, and insider information.
November 27, 2023 | 7:00 pm
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POSITIVE IMPACT
Riot Platforms has received predominantly somewhat bullish ratings from analysts, with an average price target that has seen a significant increase over the past month.
The positive sentiment from the majority of analysts, combined with the recent increase in the average price target, suggests a bullish short-term impact on RIOT's stock price. Analyst ratings can influence market perception and investor behavior, potentially leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100