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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
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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