{"id":6413,"date":"2025-01-07T09:04:33","date_gmt":"2025-01-07T09:04:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6413"},"modified":"2025-01-07T09:04:33","modified_gmt":"2025-01-07T09:04:33","slug":"microstrategy-650-target-reiterated-by-analyst-with-high-accuracy-michael-saylor-linked-companys-preferred-stock-offerings-will-attract-insurance-companies-banks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6413","title":{"rendered":"MicroStrategy $650 Target Reiterated By Analyst With High Accuracy \u2014 Michael Saylor-Linked Company&#8217;s Preferred Stock Offerings Will Attract Insurance Companies, Banks"},"content":{"rendered":"<div>\n<p>Shares of <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) proxy stock <strong>MicroStrategy Inc<\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) rallied 11% on Monday, coinciding with a leading analyst reiterating the stock&#8217;s $650 price target.\u00a0<\/p>\n<p><strong>What happened<\/strong>: <strong>Mark Palmer<\/strong>, an equity research analyst at Benchmark, maintained MicroStrategy with a <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/5846ee57ee7bf6000154d133\/mark-palmer\">Buy rating<\/a> and restated the target at $650, reflecting a 71% upside from the last closing price. Palmer is known to have an accuracy rate of 83%.<\/p>\n<p>Palmer stated that the firm&#8217;s ambitions to raise <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42814054\/microstrategy-extends-bitcoin-buying-streak-metaplanet-aims-for-10000-btc-war-chest\">$2 billion through preferred stock<\/a> issues might be a game changer, potentially drawing institutional investors such as insurance companies, pension funds, and banks, who favor assets with fixed dividend payments, The Block <a href=\"https:\/\/www.theblock.co\/post\/333289\/microstrategys-2-billion-preferred-stock-strategy-could-unlock-institutional-goldmine-analyst-says?utm_source=twitter&amp;utm_medium=social\">reported<\/a>, citing a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42837484\/microstrategy-650-target-reiterated-by-analyst-with-high-accuracy-michael-saylor-linked-co\" alt=\"MicroStrategy\" target reiterated by analyst with high accuracy michael saylor-linked company preferred stock offerings will attract insurance companies banks>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Bitcoin (CRYPTO: BTC) proxy stock MicroStrategy Inc. (NASDAQ:MSTR) rallied 11% on Monday, coinciding with a leading analyst reiterating the stock&#8217;s $650 price target.\u00a0 What happened: Mark Palmer, an equity research analyst at Benchmark, maintained MicroStrategy with a Buy rating and restated the target at $650, reflecting a 71% upside from the last closing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6413","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6413"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6413\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}