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Add as a preferred source on GoogleClear Street Raises Strategy Target to $211 and Reaffirms Buy
Clear Street pointed to stronger finances through much of the third quarter as support for resuming preferred stock issuance and increasing Bitcoin held per share.
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Clear Street raised its price target for Strategy to $211 and reaffirmed a Buy rating, citing stronger finances through much of the third quarter and a path to grow Bitcoin held per share.
The firm said Strategy is better positioned to resume preferred stock issuance. Clear Street also linked the improved financial position to renewed growth in Bitcoin held per share.