Information Provided By:
Fly News Breaks for April 29, 2015
MSTR
Apr 29, 2015 | 08:44 EDT
JMP Securities increased its price target on MicroStrategy after the company reported lower than expected revenue but higher than expected EPS. The firm raised its outlook for the stock's multiple, citing operating leverage that arrived sooner than it expected, the potential for the MicroStrategy 10 product cycle, accelerating momentum from Usher based on its checks, and the completion of most of the company's restructuring. The firm keeps an Outperform rating on the shares.
News For MSTR From the Last 2 Days
MSTR
Apr 19, 2024 | 09:56 EDT
As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on... To see the rest of the story go to thefly.com. See Story Here