Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

Analysts are bullish on software firm MicroStrategy, which reports earnings on Tuesday after the close, and it’s all thanks to the company’s massive bitcoin holdings. $MSTR HeleneBraunn reports

TD Cowen’s analyst initiated his coverage of MSTR with a price target of $520 for year’s end, praising the company for its “hybrid corporate strategy.”

Analysts are bullish on software company MicroStrategy , which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin it holds.

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