$MSTR - CANACCORD BOOSTS STRATEGY TARGET TO $175 Canaccord raised its Strategy price target to $175 from $130, maintaining a Buy rating. The firm sees a stronger investment setup driven by an improved balance sheet, recovering preferred shares and favorable macro conditions for crypto. Its valuation assumes Bitcoin gains around 20% over the next 12 months and MSTR’s mNAV recovers to roughly 1.2x, supporting renewed Bitcoin purchases.
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