Strategy (MSTR) Stock Climbs 3% as Wall Street Gets More Bullish

TLDR Barclays raised its price target on Strategy stock to $175 from $160, keeping an Overweight rating. MSTR stock rose more than 3% in Friday trading, changing hands around $157. Analyst Nik Cremo grouped Strategy with payments giants Visa and Mastercard rather than treating it purely as a Bitcoin proxy. Strategy now holds 848,000 BTC worth roughly $72.93 billion, after adding 334 BTC last week. Wall Street’s consensus rating on MSTR remains Strong Buy, with an average price target of $236, implying 52% upside.

Source: CoinCentral