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B. Riley has increased its price target for MicroStrategy (MSTR) to $200 from $188, while maintaining a Buy rating on the stock. The upward revision follows a Q1 preview and accounts for the quarter-to-date rise in digital asset prices. Analysts at the firm view the recent pullback in the crypto market as an attractive entry point for investors ahead of the upcoming Federal Reserve meeting. The report suggests that current market volatility offers tactical buying opportunities, given the company's significant Bitcoin treasury holdings. B. Riley remains optimistic about the stock's potential to leverage sector-specific tailwinds despite short-term fluctuations. This adjustment reflects a positive outlook on the company's unique position as a proxy for institutional crypto exposure.
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