Riot Platforms shares are trading higher after Stifel initiated coverage on the stock with a Speculative Buy rating and price target of $18. Additionally, crypto-linked stocks are trading higher amid a rise in Bitcoin.
Portfolio Pulse from Benzinga Newsdesk
Riot Platforms shares are trading higher after Stifel initiated coverage with a Speculative Buy rating and a price target of $18. Additionally, crypto-linked stocks are benefiting from a rise in Bitcoin.
July 26, 2024 | 2:36 pm
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Riot Platforms shares are trading higher after Stifel initiated coverage with a Speculative Buy rating and a price target of $18.
The initiation of coverage by Stifel with a positive rating and a specific price target is a strong bullish signal for Riot Platforms. This is likely to attract investor interest and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100