In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Riot Blockchain (RIOT – Research Report), with a price target of $50.00. The company's shares closed last Thursday at $20.48, close to its 52-week low of $9.65. According to TipRanks.com, Dede is a 4-star analyst with an average return of 6.4% and a 35.9% success rate. Dede covers the Technology sector, focusing on stocks such as Summit Wireless Technologies, HIVE Blockchain Technologies, and Mawson Infrastructure Group. Riot Blockchain has an analyst consensus of Strong Buy, with a price target consensus of $47.75, a 125.6% upside from current levels.
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