Analysts Bullish on MicroStrategy, Target Price Raised to $240

On October 16, Ki Young Ju, founder of CryptoQuant, posted on the X platform, indicating that analysts are optimistic about the market prospects of MicroStrategy (MSTR), believing that potential changes in the MSCI index do not affect market consensus. Ki Young Ju pointed out that Citigroup set the target price for MSTR at $240, Barclays at $175, and B. Riley at $195, showing an overall upward trend in target prices. He believes that MSCI is merely a narrative at the level of capital flow, and the market has already priced this in. Current key indicators include an mNAV of approximately 1.0 times, STRC at par value, and $3.75 billion in reserves to cover dividends. Supported by the upward adjustments in Wall Street target prices and key financial indicators, the bullish logic for MSTR remains unshaken by MSCI factors.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.