MicroStrategy shares are trading higher after TD Cowen raised its price target on the stock from $1,220 to $1,560. Also, Canaccord Genuity raised its price target from $975 to $1810 on the stock.
Portfolio Pulse from Benzinga Newsdesk
MicroStrategy's stock price is trading higher following price target upgrades by TD Cowen and Canaccord Genuity. TD Cowen increased its target from $1,220 to $1,560, while Canaccord Genuity raised theirs from $975 to $1,810.
March 12, 2024 | 6:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MicroStrategy's stock is experiencing an uplift after TD Cowen and Canaccord Genuity significantly raised their price targets on the stock.
The substantial increase in price targets by reputable financial firms TD Cowen and Canaccord Genuity directly impacts investor sentiment and market perception of MicroStrategy, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100