Cantor Fitzgerald has reiterated its Buy rating for MicroStrategy (MSTR), setting a price target of $212. The firm emphasized that MicroStrategy's primary focus is to restore its convertible bonds (STRC) to par value, a move seen as crucial for resuming Bitcoin acquisitions and bolstering its capital structure. Cantor Fitzgerald views the current market conditions as favorable for purchasing either STRC or MSTR common stock.
Cantor Fitzgerald Reaffirms Buy Rating for MicroStrategy, Sets $212 Target
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