RBC Capital Sticks to Its Hold Rating for Array Digital Infrastructure (AD)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Jonathan Atkin maintained a Hold rating on Array Digital Infrastructure (AD) with a $40.00 price target, while the broader analyst consensus remains a Moderate Buy with an average target of $47.00. Additionally, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index.
In a report released yesterday, Jonathan Atkin from RBC Capital maintained a Hold rating on Array Digital Infrastructure, with a price target of $40.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Atkin covers the Real Estate sector, focusing on stocks such as Crown Castle, American Tower, and SBA Communications. According to TipRanks, Atkin has an average return of 9.8% and a 63.18% success rate on recommended stocks.
Currently, the analyst consensus on Array Digital Infrastructure is a Moderate Buy with an average price target of $47.00.