🟢 Riot Platforms is trading 4.3% up today after JPMorgan raised its target to $22

Riot Platforms is trading 4.29% up now at $20.21 after JPMorgan raised its price target to $22 from $20 while maintaining an Overweight rating.

• The upgrade builds on Riot’s $9.1 billion, 20-year Anthropic data-center agreement covering 191 megawatts at its Texas campus.
• Bitcoin is up 4.25% since the prior close and Ethereum 7.56%, strengthening the broader crypto-stock rally.
• Broader U.S. equities are weaker, with Riot-specific AI-infrastructure optimism and crypto momentum outweighing cautious macro sentiment.