Is Strategy (MSTR) Stock a Buy After Cantor Fitzgerald Lifts Its Target?
Photo: CoinCentral
TLDR Strategy (MSTR) stock trades at $151.29, down about 10% on the day. Cantor Fitzgerald raised its price target to $208 from $186 and kept an Overweight rating. The new target assumes bitcoin at $112,000 in 12 months, up from $98,000. Strategy conditionally declared daily STRC dividends for November at a 12% annual rate. Strategy holds 848,250 BTC after adding 250 bitcoin for $21.5 million last week. Strategy (MSTR) stock was trading at $151.29 on Friday, down about 10% on the day. Cantor Fitzgerald still raised its price target.
Source: CoinCentral
