Riot Platforms Inc. (NASDAQ:RIOT) is a top high short interest stock with significant upside potential. Keefe Bruyette raised its price target to $23 after a 25MW Data Center Lease with AMD, projected to bring in $311 million in revenue. Needham also increased the price target to $30 due to the AMD lease.

Riot Platforms operates as a Bitcoin mining company in the US. Despite its potential, some believe other AI stocks offer better opportunities. Check out the report on the best short-term AI stock for more insights. Disclosure: None. This article is originally published at Insider Monkey.

Read more at Yahoo Finance: Keefe Bruyette Raises Riot Platforms (RIOT) PT to $23, Keeps Outperform Rating After AMD Data Center Lease Deal