MicroStrategy Price Target Raised to $650 Amid Opt…

From Financial Modeling Prep: 2024-11-25 12:09:00

Benchmark analysts raised MicroStrategy’s price target to $650 from $450, maintaining a Buy rating due to the company’s innovative treasury operations. MicroStrategy’s stock price has surged amid optimism about potential Bitcoin regulation changes post-election, leading to debates about its valuation. Analysts argue that the shareholder benefits from treasury operations should be factored into equity valuation, with a target based on Bitcoin holdings, BTC Yield, and software business value by 2026.



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