Northland raised the firm’s price target on Riot Platforms (RIOT) to $26 from $24.50 and keeps an Outperform rating on the shares following the company’s Q3 report. While Corsicana remains Riot’s main near-term development priority, management noted that the 700 MW Rockdale site serves as the next logical step in the company’s broader data center growth strategy, the analyst tells investors.
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Read More on RIOT:
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