Analyst keeps ‘Buy’ on Saylor's Strategy after strong Q3 run
H.C. Wainwright analyst Mike Colonnese reiterated his "Buy" rating on Michael Saylor’s Strategy (NASDAQ: MSTR), describing himself as an “aggressive buyer” following the company’s third-quarter results. However, he changed the price target by 8.83% and dropped it from 475. Colonnese added that Strategy’s net income in the quarter, full-year guidance for Bitcoin (BTC) holdings, and earnings showcased its strong financial performance. The analyst expects Strategy to expand its Bitcoin purchases i ...