Canaccord Genuity Maintains Buy on MicroStrategy, Raises Price Target to $791
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi has maintained a Buy rating on MicroStrategy (NASDAQ:MSTR) and increased the price target from $670 to $791.
December 28, 2023 | 10:54 am
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Canaccord Genuity analyst Joseph Vafi reaffirmed a Buy rating on MicroStrategy and raised the price target to $791, indicating a positive outlook on the stock.
The increase in price target by Canaccord Genuity reflects a strong vote of confidence in MicroStrategy's future performance. This positive analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
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