🟢 Riot Platforms is trading 4.02% up in pre-market after JPMorgan raised target to $22

Riot Platforms is trading 4.02% up at $20.16 after JPMorgan raised its price target to $22 from $20 while maintaining an Overweight rating, citing momentum from the company’s $9.1 billion Anthropic data-center agreement.

• Bitcoin is up 4.33% since the prior close, while Ethereum is up 8.48%.
• The analyst upgrade and AI-infrastructure pivot appear to be the primary catalysts, alongside broader crypto strength.