Barclays Assigns First Buy Rating on MSTR With $130 Price Target, Reclassifies as Fintech

MSTR-3.64%
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MA-2.26%

According to BitcoinTreasuries.NET, Barclays initiated coverage of Microstrategy (MSTR) for the first time, assigning a buy rating with a $130 price target. The investment from the $2.3 trillion asset-scale bank marks a significant shift in Wall Street's perception.

Wall Street has reclassified MSTR from a crypto proxy to a fintech company, placing it in the same category as Visa and Mastercard.

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