Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

📆 7/31/2023 3:02 PM
📰 CoinDesk

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Analysts are bullish on software firm MicroStrategy, which reports earnings on Tuesday after the close, and it’s all thanks to the company’s massive bitcoin holdings. $MSTR HeleneBraunn reports

TD Cowen’s analyst initiated his coverage of MSTR with a price target of $520 for year’s end, praising the company for its “hybrid corporate strategy.”

Analysts are bullish on software company MicroStrategy , which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin it holds.

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