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via crypto.news · By crypto.news Editorial
RIOT stock gains 4.7% as JPMorgan lifts target to $22
CE
crypto.news Editorial(05:41 PM UTC)
1 min read
RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic.
Summary
- JPMorgan raised its RIOT target from $20 to $22 and retained an Overweight rating.
- Riot’s 20-year data center contract is expected to generate $9.1…
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