Community Articles

via The Block · By The Block Editorial

TD Cowen raises Strategy price target to $400, citing faster bitcoin accumulation and accretive deleveraging

BTC

BTC/USDT

$63,913.60
+1.75%
24h Volume

$14,813,606,644.35

24h H/L

$64,200.00 / $62,465.39

Change: $1,734.61 (2.78%)

Long/Short
58.7%
Long: 58.7%Short: 41.3%
Funding Rate

+0.0069%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,870.97

1.01%

Volume (24h): -

Resistance Levels
Resistance 3$67,000.88
Resistance 2$65,379.57
Resistance 1$63,878.48
Price$63,870.97
Support 1$63,174.06
Support 2$61,810.65
Support 3$57,800.19
Pivot (PP):$63,665.66
Trend:Downtrend
RSI (14):52.6
TB
The Block Editorial
(11:44 AM UTC)
1 min read
MR
Updated byMichael Roberts
1260 views
0 comments

TD Cowen raised its price target on Strategy (MSTR) to $400 from $395 on Tuesday, citing accelerating bitcoin per share and a balance sheet action the firm called a clear positive for both equity and credit holders.

The note, authored by analyst Lance Vitanza and associate Jonnathan Navarrete, maintained a Buy rating on the stock.

The $5 target increase was driven by upward revisions to TD…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

The Block Editorial · The Block

Read original →

Comments
Comments