B. Riley Securities Maintains Buy on Riot Platforms, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Riot Platforms (NASDAQ:RIOT) but has lowered the price target from $15 to $13.
May 31, 2024 | 1:11 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained its Buy rating on Riot Platforms but has lowered the price target from $15 to $13.
The maintained Buy rating suggests continued confidence in Riot Platforms, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100