RIOT stock gains 4.7% as JPMorgan lifts target to $22
RIOT stock gains 4.7% as JPMorgan lifts target to $22
JPMorgan raised its RIOT target from $20 to $22 and retained an Overweight rating.Riot’s 20-year data center contract is expected to generate $9.1 billion in revenue.Morgan Stanley separately increased its RIOT target from $36 to $43.RIOT faces resistance at $20.48, while its main 4-hour support sits near $18.50.
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