MSTR Stock Rises Following Price Target Upgrade by B. Riley Financial
- MSTR stock closed at $165.45, up $7.26 (4.59%) on April 30.
- B. Riley Financial raised the price target for MSTR from $188 to $200 and maintained a ‘Buy’ rating.
- The stock surged an additional 7.22% to $177.40 during intraday trading on May 1.
- Strategy has issued $3.4 billion in STRC preferred stock this quarter with an annual yield of 11.5%.
- The company holds over 818,000 BTC after acquiring $255 million worth recently.
The upgrade from B. Riley reflects increased confidence in Strategy’s approach to digital assets, particularly following significant capital-raising activities and strong market sentiment toward MSTR stock.
MSTR has experienced a nearly **43%** increase over the past month, highlighting robust investor interest as evidenced by recent acquisitions and upgrades in financial outlooks.(Source)
