Wells Fargo raises Applied Digital price target after results
Wells Fargo lifted its Applied Digital (APLD) price target following the company’s fiscal first-quarter results, citing potential financing and additional leasing, including for Meta leases and a 250 MW expansion.
Applied Digital Corp. (APLD) stock was in focus on Thursday after Wells Fargo lifted its price target, with the analyst citing financing and additional leasing as the next catalysts following the company’s fiscal first-quarter (Q1) results. According to TheFly, Wells Fargo raised its tar…