Movement Alert｜Core Scientific Rises 5.01% in Regular Trading, B.Riley Raises Target Price to $33 Amid Continued Institutional Filing Disclosures

Market Focus

05/28

On May 28, Core Scientific rose 5.01% in regular trading, trading at $27.61/share, with trading volume of approximately $308 million.

On the news front, B.Riley raised the company's target price from $30 to $33 while maintaining a buy rating. The analyst consensus target price now stands at $30.12. Additionally, the company has recently filed multiple Form 4 and Schedule 13G/A documents, indicating continued institutional investor position changes and sustaining market expectations of capital inflows.

Within the Application Software sector, computing power-related stocks exhibited strong linkage gains, with IREN Ltd up 13.3% and AppLovin Corporation up 11.3%, providing effective support for Core Scientific's upward momentum. The stock has continued to trade above the prior analyst consensus target of $24, reflecting strengthened institutional confidence following the target price upgrade.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CORZ","symbol_name":"Core Scientific, Inc.","start_time":0,"source_url":"","article_id":"1110371428","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110371428","pubTimestamp":1779908063,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On May 28, Core Scientific rose 5.01% in regular trading, trading at $27.61/share, with trading volume of approximately $308 million.On the news front, B.Riley raised the company's target price from...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CORZ":"Core Scientific, Inc."},"translate_title":"动向提示|Core Scientific常规交易涨5.01%B.Riley上调目标价至33美元机构备案披露持续","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CORZ":1},"content_text":"On May 28, Core Scientific rose 5.01% in regular trading, trading at $27.61/share, with trading volume of approximately $308 million.On the news front, B.Riley raised the company's target price from $30 to $33 while maintaining a buy rating. 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