Canaccord raised the firm’s price target on MicroStrategy to $975 from $617 and keeps a Buy rating on the shares. The firm said with the upcoming BTC halving event in April, combined with steady inflows into US BTC spot ETF funds, they see a favorable supply demand setup for bitcoin for the next few months.
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- Microstrategy’s New Accounting & Financial Operations Risk – A Cause for Worry?
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- MicroStrategy price target raised to $820 from $580 at TD Cowen
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