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Analysts Conflicted on These Financial Names: UOB (OtherUOVEF) and Riot Platforms (RIOT)

Tipranks - Tipranks - Wed Aug 12, 10:48AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on UOB (UOVEF) and Riot Platforms (RIOT).

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UOB (UOVEF)

In a report released today, Glenn Thum from Phillip Securities maintained a Hold rating on UOB, with a price target of S$43.00. The company’s shares closed last Tuesday at $34.75.

According to TipRanks.com, Thum is a 5-star analyst with an average return of 20.3% and a 88.5% success rate. Thum covers the Financial sector, focusing on stocks such as DBS Group Holdings, Bank of America, and JPMorgan Chase. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for UOB with a $31.41 average price target, representing a -9.6% downside. In a report issued on August 7, DBS also maintained a Hold rating on the stock with a S$42.50 price target.

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Riot Platforms (RIOT)

In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Riot Platforms, with a price target of $26.00. The company’s shares closed last Tuesday at $20.39.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 20.6% and a 47.4% success rate. Grondahl covers the Financial sector, focusing on stocks such as HIVE Digital Technologies, Abacus Global Management, and Medallion Financial. ;'>

Riot Platforms has an analyst consensus of Strong Buy, with a price target consensus of $34.43, implying a 46.1% upside from current levels. In a report issued on July 28, KBW also maintained a Buy rating on the stock with a $35.00 price target.

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