Cantor Fitzgerald Maintains Overweight on Riot Platforms, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler maintains an Overweight rating on Riot Platforms (NASDAQ:RIOT) and raises the price target from $19 to $20.
February 28, 2024 | 4:16 pm
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Cantor Fitzgerald analyst Josh Siegler maintains an Overweight rating on Riot Platforms and raises the price target from $19 to $20.
The upgrade in the price target by a reputable analyst like Josh Siegler suggests a positive outlook on Riot Platforms' stock, likely due to expected performance improvements or market conditions favoring the company. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100