Benchmark has raised its price target on MicroStrategy stock from $215 to $245
Benchmark has raised its target price for MicroStrategy stock from $215 to $245. Analyst Mark Palmer assumes that the company's Bitcoin holdings and the value of its software business will continue to grow. He also believes that the company's high stock price is reasonable because it provides value beyond just holding a large amount of Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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