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Analysts Offer Insights on Financial Companies: Riot Platforms (RIOT) and MARA Holdings (MARA)

Tipranks - Sat May 2, 6:36AM CDT

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

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Riot Platforms (RIOT)

Citi analyst Peter Christiansen maintained a Buy rating on Riot Platforms today and set a price target of $21.00. The company’s shares closed last Thursday at $17.24.

According to TipRanks.com, Christiansen is a 2-star analyst with an average return of -0.1% and a 50.2% success rate. Christiansen covers the Technology sector, focusing on stocks such as Circle Internet Group, Inc. Class A, NIQ Global Intelligence PLC, and Pagaya Technologies Ltd. ;'>

Currently, the analyst consensus on Riot Platforms is a Strong Buy with an average price target of $25.71, representing a 58.3% upside. In a report issued on April 26, Chardan Capital also initiated coverage with a Buy rating on the stock with a $27.50 price target.

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MARA Holdings (MARA)

In a report released today, Chris Brendler from Rosenblatt Securities reiterated a Buy rating on MARA Holdings, with a price target of $15.00. The company’s shares closed last Thursday at $11.99.

According to TipRanks.com, Brendler is a 5-star analyst with an average return of 22.6% and a 52.6% success rate. Brendler covers the Financial sector, focusing on stocks such as Gemini Space Station, Inc. Class A, Miami International Holdings, Inc., and HIVE Digital Technologies. ;'>

Currently, the analyst consensus on MARA Holdings is a Moderate Buy with an average price target of $13.75, a 23.9% upside from current levels. In a report issued on April 21, Piper Sandler also maintained a Buy rating on the stock with a $13.00 price target.

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