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Walter Bloomberg Walter Bloomberg @walterbloomberg · 32.8K subscribers
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CANTOR FITZGERALD RAISES STRATEGY ($MSTR ) PRICE TARGET TO $208

Cantor Fitzgerald raised its price target on Strategy to $208 from $186, maintaining an Overweight rating.

Analyst Ramsey El-Assal increased his 12-month Bitcoin (bitcoin:native ) price assumption to $112,000 from $98,000, factoring in Strategy's approximately 848,000 BTC holdings.

The firm's updated valuation implies an enterprise value of $110 billion, up from $97 billion.
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