Canaccord Raises MicroStrategy Price Target to $300 from $173
MicroStrategy (MSTR) remains one of the best ways for equity investors to invest in bitcoin because of the company's smart leverage strategy, brokerage Canaccord said in a research note on Thursday, Nov. 1.Canaccord raised its price target on MicroStrategy to $300 from $173 while maintaining a Buy rating. The stock rose 0.4% to $245.50 in early trading Friday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise
Trending news
MoreCrypto prices
More
