Applied Digital Reports Fiscal Third Quarter 2024 Results

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Applied Blockchain Inc (APLD) PT Lowered to $8 at Roth/MKM

April 12, 2024 6:06 AM EDT

Roth/MKM analyst Darrem Aftahi lowered the price target on Applied Blockchain Inc (NASDAQ: APLD) to $8.00 (from $13.00) while maintaining a Buy rating.

The analyst comments "F3Q24 results missed, not surprisingly, due to power outages and slow GPU rollout, prompting a model reset.... More