Barclays starts coverage on MSTR with an Overweight rating and a $130 price target amid sector reset focus on growth stocks.
Barclays initiated coverage on Strategy Inc (NASDAQ:MSTR) with an Overweight rating and a $130 price target on July 8. The move follows a broader sector reset, emphasizing stock selection and long-term growth potential for strong franchises, according to the analyst.
Mizuho adjusted its price target on MSTR to $213 from $265 the previous day, maintaining an Outperform rating. The revision reflects updated Bitcoin holdings of 843,775 and a Bitcoin market price forecast of $71,500 for end-2027. Analysts covering MSTR show 90% Buy ratings, with a 1-year median price target of $245, indicating 158.88% upside potential.
MSTR, a bitcoin treasury company, also provides AI-powered enterprise analytics software and securities offering Bitcoin exposure. The stock has declined nearly 78% over the past year.