Needham Reiterates Buy on Applied Digital, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro has reiterated a Buy rating on Applied Digital (NASDAQ:APLD) and maintained a price target of $11.
May 17, 2024 | 9:36 am
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Needham analyst John Todaro has reiterated a Buy rating on Applied Digital and maintained a price target of $11, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a price target by a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 80
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