Key Takeaways From Riot Platforms Analyst Ratings
Portfolio Pulse from Benzinga Insights
Riot Platforms (NASDAQ:RIOT) received mixed analyst ratings in the latest quarter, with 7 bullish and 3 somewhat bullish ratings. The average 12-month price target is $16.5, down 5.98% from the previous $17.55. Analysts have adjusted their ratings and price targets based on recent market conditions and company performance.

July 24, 2024 | 1:00 pm
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Riot Platforms received mixed analyst ratings with 7 bullish and 3 somewhat bullish ratings. The average 12-month price target is now $16.5, a 5.98% decrease from the previous $17.55. Analysts have adjusted their ratings and price targets based on recent market conditions and company performance.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on Riot Platforms' stock price. While there are bullish sentiments, the overall reduction in price targets indicates cautious optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100