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.
December 04, 2023 | 4:44 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cantor Fitzgerald analyst Josh Siegler reaffirmed an Overweight rating on Riot Platforms with a steady price target of $19, 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 have a favorable impact on the stock price in the short term as it suggests the analyst sees potential for the stock to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100