MicroStrategy price target raised to $225 from $173 at Barclays
The Fly

MicroStrategy price target raised to $225 from $173 at Barclays

Barclays raised the firm’s price target on MicroStrategy to $225 from $173 and keeps an Overweight rating on the shares. The firm says that while bitcoin prices “remain somewhat elevated,” MicroStrategy is in a comfortable position to further accelerate bitcoin yield and build up the company’s “war chest.” It increased the price target to reflect the recent price action and expansion in market multiples.

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