B. Riley Securities Maintains Buy on Applied Digital, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Applied Digital (NASDAQ:APLD) and raised the price target from $6 to $8.
June 28, 2024 | 4:06 pm
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B. Riley Securities has maintained its Buy rating on Applied Digital and raised the price target from $6 to $8, indicating confidence in the company's future performance.
The raised price target from $6 to $8 by B. Riley Securities suggests a positive outlook for Applied Digital's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100