Canaccord raised the firm’s price target on MicroStrategy to $670 from $554 and keeps a Buy rating on the shares. The firm noted shares are higher and being partially driven by scarcity premium for equity investors looking for exposure to BTC.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MSTR: