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Applied Digital (APLD) Stock Rises 8% on Analyst Upgrades and Hyperscale Deals

By Trader Edge at 2026-05-21 09:08

Sentiment: Positive

TLDR Applied Digital (APLD) rose 7.9% on Wednesday, closing at $39.52 with volume near its 26 million daily average. Needham raised its price target to $66, up from $51, reiterating a Buy rating based on hyperscale contracts and HPC pipeline growth. Citizens JMP also maintained a Buy with a $60 price target on the same [...] The post Applied Digital (APLD) Stock Rises 8% on Analyst Upgrades and Hyperscale Deals appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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