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Stock impact report

How Recent Developments Are Rewriting the Story for Riot Platforms [Yahoo! Finance]

B. Riley Financial, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: Yahoo! Finance
Riot Platforms has recently seen its consensus analyst price target climb from $20.97 to $22.47, signaling increased confidence in the company's valuation. This change comes as industry analysts point to Riot's expanding role in the rapidly growing AI and high-performance computing sectors. Stay tuned to discover the key drivers behind this shift and learn how you can keep up with the evolving outlook for Riot Platforms. What Wall Street Has Been Saying ?? Bullish Takeaways B. Riley raised its price target for Riot Platforms to $28 from $16, maintaining a Buy rating. The firm noted that updated estimates for high-performance computing-focused companies have driven target increases of nearly 78 percent. B. Riley also highlighted Riot's strong position in AI-powered infrastructure and recent high-profile deals, such as the Google and Anthropic partnership, as possible catalysts for additional upside. Clear Street, with analyst Brian Dobson, increased its price target to $29 fro Show less Read more
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