Canaccord Genuity Maintains Buy on MicroStrategy, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on MicroStrategy and raised its price target from $173 to $300, indicating a positive outlook for the company's stock.
October 31, 2024 | 10:13 pm
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Canaccord Genuity has increased its price target for MicroStrategy from $173 to $300, maintaining a Buy rating. This suggests a strong positive outlook for the stock.
The increase in price target from $173 to $300 by Canaccord Genuity, along with the maintained Buy rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100