Compass Point Maintains Buy on Riot Platforms, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Chase White maintains a Buy rating on Riot Platforms (NASDAQ:RIOT) but lowers the price target from $18 to $13.
October 31, 2024 | 2:21 pm
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NEUTRAL IMPACT
Compass Point analyst Chase White maintains a Buy rating on Riot Platforms but lowers the price target from $18 to $13, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Riot Platforms' potential, but the lowered price target reflects a more cautious outlook on its short-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100