On Nov 26, major Wall Street analysts update their ratings for $MicroStrategy (MSTR.US)$, with price targets ranging from $515 to $650.
Barclays analyst Ramsey El Assal maintains with a buy rating, and adjusts the target price from $275 to $515.
TD Cowen analyst Lance Vitanza maintains with a buy rating, and adjusts the target price from $392 to $525.
Bernstein analyst Gautam Chhugani maintains with a buy rating, and maintains the target price at $600.
Benchmark Co. analyst Mark Palmer maintains with a buy rating, and adjusts the target price from $450 to $650.
Furthermore, according to the comprehensive report, the opinions of $MicroStrategy (MSTR.US)$'s main analysts recently are as follows:
MicroStrategy's recent issuance of $2.5 billion in equity under its at-the-market program, closely following a successful $3 billion convertible bond issuance, all dedicated to purchasing bitcoin, highlights the company's robust capital market activities. This aggressive acquisition strategy underlines a market acceptance of MicroStrategy's plans to accumulate and hold bitcoin, utilizing its balance sheet in a manner beneficial to shareholders. The forecast suggests an intrinsic bitcoin value of $108 billion by FY27, indicating potential underestimation of future value.
Here are the latest investment ratings and price targets for $MicroStrategy (MSTR.US)$ from 4 analysts:
Note:
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