RIOT’s share price has jumped 33.5% over the past month. H.C. Wainwright’s Kevin Dede sees a further 117.4% upside in the stock. The analyst has reiterated a Buy rating on RIOT alongside a price target of $50.
Analysts on the Street are inclined towards the stock with a Strong Buy, based on seven Buys and 1 Hold. The average Riot price target of $44.25 implies 92.39% upside potential.