Craig-Hallum Maintains Buy on Applied Digital, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst George Sutton has maintained a Buy rating on Applied Digital (NASDAQ:APLD) and increased the price target from $10 to $12.
October 10, 2024 | 12:47 pm
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Craig-Hallum has reaffirmed its Buy rating on Applied Digital and increased the price target to $12, indicating confidence in the company's future performance.
The increase in price target from $10 to $12 by Craig-Hallum suggests a positive outlook on 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