Published Aug 11, 2026, 8:17 AM ET · Updated 3 months ago · 2 sources
NEW: Bernstein raised its $RIOT price target to $35 from $30 after its $9.1 billion AI data center deal, reportedly with Anthropic. Riot rose more than 27% in pre-market trading on Tuesday before paring gains, while Bernstein said AI colocation now accounts for 84% of its target enterprise value.
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NEW: Bernstein raised its $RIOT price target to $35 from $30 after its $9.1 billion AI data center deal, reportedly with Anthropic. Riot rose more than 27% in pre-market trading on Tuesday before paring gains, while Bernstein said AI colocation now accounts for 84% of its target enterprise value.