B. Riley Bullish on WhiteFiber NC-1 Deal: Sees 127% Upside Potential After Stock Plunge

Analysts at B. Riley have reaffirmed a positive outlook on WhiteFiber following the announcement of its NC-1 deal, citing significant upside potential. The firm maintains a Buy rating on the stock, projecting a 127% increase in its price target. This optimistic assessment comes after a recent sharp decline in the company's share price, which B. Riley views as a compelling entry point for investors. The NC-1 agreement is characterized as a promising strategic move that could enhance WhiteFiber's market position and long-term growth trajectory. The analyst commentary underscores confidence in the company's fundamentals and the value-creating potential of the new deal.