B. Riley Expects a 127% Increase for WhiteFiber

B. Riley stated that WhiteFiber's NC-1 Nscale agreement supports the company's timing and execution. He also emphasized that negotiations for construction financing are progressing and there are potential loan increments.

Analysts reiterated their 'buy' recommendations for the stock. However, following a more than 50% drop from record highs, they reduced their price target from $44 to $40.