Boost Run (WLAC) PT Raised to $20 at DA Davidson
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Rating Summary:
1 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 17 | Down: 10 | New: 23
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DA Davidson analyst Gil Luria raised the price target on Boost Run (NASDAQ: WLAC) to $20.00 (from $17.00) while maintaining a Buy rating.
The analyst commented, "Boost Run shares finished up +11% yesterday following the announcement of a $1.44B purchase agreement with Dell Technologies, adding to the prior GPU supply order in December, to meet continued demand for enterprise AI. We continue to view capacity expansion as a key catalyst for Boost Run and expect revenue to ramp quickly as the colocation footprint is built out. Reiterate our BUY rating and raising price target to $20 from $17 based on 6x CY26 revenue."
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