Stock Track | Applied Digital Soars 5.29% on Target Price Upgrade and Hyperscale Lease Agreement

Stock Track
06/02

Applied Digital Corporation's stock surged 5.29% intraday, continuing its positive momentum in the market.

The movement appears driven by two key factors. First, Wall Street firm B. Riley raised its target price on the company from $53 to $66 while maintaining a buy rating. Second, Applied Digital announced a significant new lease agreement with a U.S. high investment-grade hyperscale cloud provider for its fourth AI factory campus, Polaris Forge 3, which is designed to deliver 300 megawatts of critical IT load capacity.

The company, which designs, builds and operates next-generation digital infrastructure for high-performance computing and artificial intelligence industries, benefited from broader strength in the Internet Services & Infrastructure sector during the trading session.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10