Where Riot Platforms Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Riot Platforms (NASDAQ:RIOT) over the last quarter show a range of sentiments from bullish to bearish. The average 12-month price target is $17.57, with a high of $23.00 and a low of $12.00. Recent analyst actions include maintaining, raising, and lowering ratings and price targets. Riot Platforms is a Bitcoin mining company with strong financial metrics, including high net margin, ROE, and ROA, and a low debt-to-equity ratio.
June 25, 2024 | 4:01 pm
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Analysts' ratings for Riot Platforms (NASDAQ:RIOT) show mixed sentiments, with an average 12-month price target of $17.57. The company's strong financial metrics, including high net margin, ROE, and ROA, and a low debt-to-equity ratio, indicate robust financial health.
The mixed analyst ratings and the slight increase in the average price target suggest a cautiously optimistic outlook for Riot Platforms. The company's strong financial metrics further support a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100