Riot Platforms (RIOT) Announces Acquisition of Block Mining

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Go back to Riot Platforms (RIOT) Announces Acquisition of Block Mining

Stifel Canada Starts Riot Platforms (RIOT) at Speculative Buy

July 25, 2024 4:09 PM EDT

Stifel Canada analyst Bill Papanastasiou initiates coverage on Riot Platforms (NASDAQ: RIOT) with a Speculative Buy rating and a price target of $18.00.

The analyst comments "While RIOT has faced operational headwinds in the past, the company is approaching a turning point with the phased... More

Roth/MKM Reiterates Buy Rating on Riot Platforms (RIOT)

July 24, 2024 6:16 AM EDT

Roth/MKM analyst Darren Aftahi reiterated a Buy rating and $20.00 price target on Riot Platforms (NASDAQ: RIOT).

The analyst comments "RIOT acquired private miner Block Mining for ~$92.5M ($125M w/ consideration), gaining access to 60MW (1 EH/s) immediately and the... More