- BTC0%
BlockBeats News, May 19th, TD Cowen announced on Tuesday that it has raised its target price for Strategy from $395 to $400, citing the "accelerated growth in per-share Bitcoin holdings" and a balance sheet maneuver believed to be a clear positive for both equity and debt holders.
The report was written by analyst Lance Vitanza and associate Jonnathan Navarrete, and maintains a "Buy" rating on the stock.
This $5 target price increase is primarily driven by TD Cowen's upward revision of expected Bitcoin earnings and Bitcoin dollar returns for 2026, due to fund operation performance since the last earnings report being better than previously modeled.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change