New Era Energy & Digital is trading 6% up at $4.61 in pre-market action after B. Riley initiated coverage with a Buy rating and a $10.00 price target.
- The analyst coverage reinforces the companyβs strategic pivot toward the AI data center sector.
- The move marks a rebound from a choppy stretch of trading, including a -0.23% close on July 8, and appears driven by company-specific catalysts rather than broader crypto market trends.