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Analysts Offer Insights on Financial Companies: Riot Platforms (RIOT) and Nasdaq (NDAQ)

Tipranks - Tipranks - Thu Mar 5, 5:43AM CST

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Riot Platforms (RIOT – Research Report) and Nasdaq (NDAQ – Research Report) with bullish sentiments.

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Riot Platforms (RIOT)

In a report released today, Peter Christiansen from Citi assigned a Buy rating to Riot Platforms, with a price target of $23.00. The company’s shares closed last Tuesday at $15.29, close to its 52-week high of $15.87.

According to TipRanks.com, Christiansen is a 1-star analyst with an average return of -0.3% and a 50.0% success rate. Christiansen covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, Pagaya Technologies Ltd, and Clarivate. ;'>

Riot Platforms has an analyst consensus of Strong Buy, with a price target consensus of $26.55, which is a 66.8% upside from current levels. In a report issued on February 18, J.P. Morgan also maintained a Buy rating on the stock.

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Nasdaq (NDAQ)

In a report released today, Jeff Schmitt from William Blair maintained a Buy rating on Nasdaq. The company’s shares closed last Tuesday at $87.42.

According to TipRanks.com, Schmitt is a 4-star analyst with an average return of 10.0% and a 66.7% success rate. Schmitt covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., SEI Investments Company, and Marketaxess Holdings. ;'>

Currently, the analyst consensus on Nasdaq is a Strong Buy with an average price target of $110.30, implying a 27.5% upside from current levels. In a report issued on February 27, TD Cowen also upgraded the stock to Buy with a $106.00 price target.

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