Riot Platforms $RIOT price target raised to $22 from $20 at JPMorgan
JPMorgan raised the firm's price target on Riot Platforms to $22 from $20 and keeps an Overweight rating on the shares.
The company is "building momentum" with an Anthropic lease signed at "attractive economics," the analyst tells investors in a research note.
The firm says execution of Riot's AMD lease remains on track.
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