Lake Street Maintains Buy on Applied Digital, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Rob Brown maintains a Buy rating on Applied Digital (NASDAQ:APLD) and raises the price target from $7 to $11.
October 10, 2024 | 4:27 pm
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Lake Street analyst Rob Brown has reiterated a Buy rating for Applied Digital and increased the price target from $7 to $11, indicating a positive outlook for the stock.
The increase in price target from $7 to $11 by a reputable analyst suggests a strong positive outlook for Applied Digital. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100