MicroStrategy Poised for Growth With Strong Bitcoin Exposure and Software Expansion: Analyst
MSTRMicroStrategy(MSTR) Benzinga·2024-09-07 01:29

Barclays analyst Ramsey El-Assal initiated coverage on MicroStrategy Inc MSTR with an Overweight rating and a price target of $146.El-Assal flagged the company’s unique differentiated vehicle that allows public company investors to gain exposure to bitcoin, resilient capital deployment model offering a long runway for continued bitcoin accumulation and protection from black swan liquidity events, software performance backed by a fast-growing TAM and demand for next-gen technology, the mix shift towards subs ...