Applied Digital shares are trading higher. Needham reiterated its Buy rating on the stock and $11 price target.
Portfolio Pulse from Benzinga Newsdesk
Applied Digital shares are trading higher after Needham reiterated its Buy rating on the stock and maintained a price target of $11.

June 14, 2024 | 4:10 pm
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POSITIVE IMPACT
Applied Digital shares are trading higher following Needham's reiteration of its Buy rating and $11 price target.
The reiteration of a Buy rating and a specific price target by a reputable analyst firm like Needham is likely to boost investor confidence and drive short-term price appreciation for Applied Digital.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100