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. They also emphasized that negotiations for construction financing are progressing and that potential credit increases are available.

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