Needham Reiterates Buy on Riot Platforms, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro reiterates a Buy rating on Riot Platforms (NASDAQ:RIOT) and maintains a $17 price target.
April 22, 2024 | 2:54 pm
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Needham analyst John Todaro reiterates a Buy rating on Riot Platforms with a $17 price target.
The reiteration of a Buy rating and maintenance of a $17 price target by a reputable analyst like John Todaro from Needham is likely to instill confidence among investors and could positively influence Riot Platforms' stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100