🟢 Applied Digital is trading 4.37% up today after Wells Fargo initiated coverage at Overweight

Applied Digital is trading at $26.85 (+4.37%) after Wells Fargo initiated coverage on September 17 with an Overweight rating and $50 price target, naming it a top idea.

• Wells Fargo cited 1.4 GW of contracted capacity, backlog quality, power advantages, and a valuation discount.
• Broader support comes from technology-sector strength, while BTC and ETH are up 1.90% and 2.02% since the previous close.