Robert Brown analyst at Lake Street reiterates coverage on Applied Digital Corporation (APLD) in the Industrials sector with a Buy rating. TipRanks.com has Brown rated as a 4.8 star analyst with a 58% return on investment and a 23.8% success rate. Brown has set a price target of $19.
TipRanks.com reports that Applied Digital Corporation currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $15.38. The target pricing ranges from a high forecast of $19 down to a low forecast of $12. Applied Digital Corporation (APLD)’s last closing price was $5.48 which would put the average price target at 190.15% upside.
In addition, TradingView issued a sell rating for APLD over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on APLD.
Other analysts covering APLD include:
- Michael Grondahl of Northland Securities issued a Buy rating with the price target of $13 on 1 month ago
- John Todaro of Needham issued a Buy rating with the price target of $17.5 on 1 month ago
- Kevin Dede of H.C. Wainwright issued a Buy rating with the price target of $12 on 1 month ago
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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