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ATB Cormark Capital Markets Sticks to Their Buy Rating for Riot Platforms (RIOT)
ATB Cormark Capital Markets analyst maintained a Buy rating on Riot Platforms today and set a price target of $28.00.
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In addition to ATB Cormark Capital Markets, Riot Platforms also received a Buy from TipRanks – Google’s Google Financial – Capital Markets in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Riot Platforms (NASDAQ: RIOT).
Based on Riot Platforms’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $180.23 million and a net profit of $104.48 million. In comparison, last year the company earned a revenue of $84.79 million and had a GAAP net loss of $154.36 million
Read More on RIOT:
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- Riot Platforms price target lowered to $29 from $31 at Cantor Fitzgerald
- Riot Platforms price target lowered to $24 from $30 at Needham
- Riot Platforms price target lowered to $21 from $26 at Piper Sandler
- Riot Platforms price target lowered to $23 from $26 at H.C. Wainwright
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