Barclays Maintains Overweight on MicroStrategy, Raises Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal maintains an Overweight rating on MicroStrategy (NASDAQ:MSTR) and raises the price target from $146 to $173.
September 23, 2024 | 2:49 pm
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Barclays has increased its price target for MicroStrategy from $146 to $173 while maintaining an Overweight rating, indicating a positive outlook on the stock.
The increase in price target from $146 to $173 by Barclays, along with the maintained Overweight rating, suggests a positive sentiment towards MicroStrategy's stock. This is likely to lead to a short-term increase in the stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100