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π Colonnese reiterated his 'Buy' rating on MicroStrategy
π He praised the company's strong financial performance in Q3
π He expects MicroStrategy to expand its Bitcoin purchases in Q4
π He sees the company as undervalued, trading at a 35% discount to its historical average
π He expects higher Bitcoin prices, improved capital access, and potential S&P 500 inclusion to drive further upside for MicroStrategy's shares
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βοΈ H.C. Wainwright analyst Mike Colonnese reiterated his 'Buy' rating on MicroStrategy, citing strong financial performance and undervaluation.
π Colonnese reiterated his 'Buy' rating on MicroStrategy
π He praised the company's strong financial performance in Q3
π He expects MicroStrategy to expand its Bitcoin purchases in Q4
π He sees the company as undervalued, trading at a 35% discount to its historical average
π He expects higher Bitcoin prices, improved capital access, and potential S&P 500 inclusion to drive further upside for MicroStrategy's shares
#MikeColonnese #MichaelSaylor #AndrewHarte #BrettKnoblauch #LanceVitanza #ElonMusk #business