TD Cowen Maintains Buy on MicroStrategy, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Lance Vitanza maintains a Buy rating on MicroStrategy (NASDAQ:MSTR) and raises the price target from $195 to $200.
September 23, 2024 | 1:31 pm
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TD Cowen analyst Lance Vitanza has reaffirmed a Buy rating on MicroStrategy and increased the price target from $195 to $200, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst can boost investor confidence and potentially lead to a short-term increase in the stock price. The $5 increase in the price target suggests a positive outlook on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100