Stock Track | Applied Digital Soars 5.05% Intraday After B. Riley Raises Price Target to $66

Stock Track

05/28

Shares of Applied Digital Corp (APLD) surged 5.05% during intraday trading on Wednesday, following a bullish analyst update from B. Riley.

The firm raised its price target on Applied Digital to $66 from $53 while maintaining a Buy rating on the shares. This significant upward revision in the price target reflects increased analyst confidence and is a primary driver behind the stock's positive momentum.

According to analyst polls, Applied Digital carries an average rating of Buy, with the latest target adjustment contributing to a positive market sentiment for the company.

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Riley Raises Price Target to $66\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2026-05-28 01:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Shares of Applied Digital Corp (APLD) surged 5.05% during intraday trading on Wednesday, following a bullish analyst update from B. Riley.</p><p>The firm raised its price target on Applied Digital to $66 from $53 while maintaining a Buy rating on the shares. 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