B. Riley Securities Maintains Buy on Applied Digital, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Applied Digital and increased the price target from $8 to $9, indicating confidence in the company's future performance.
September 13, 2024 | 1:08 pm
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B. Riley Securities has maintained a Buy rating on Applied Digital and increased the price target from $8 to $9, suggesting a positive outlook for the company's stock.
The increase in price target from $8 to $9 by B. Riley Securities reflects a positive sentiment towards Applied Digital's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100