TD Cowen: Maintains year-end target price of $177,000 for BTC; Strategy is more resilient than ever.
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According to ME News, on February 6th (UTC+8), investment bank TD Cowen stated in its latest research report that Strategy Inc. remains well-positioned to weather the Bitcoin downturn. Its balance sheet and financing tools are tailored to address current market volatility and will benefit significantly from any market rebound. Analysts Lance Vitanza and Jonnathan Navarrete pointed out that Strategy has further solidified its leading position as a corporate Bitcoin treasury, demonstrating that even during sharp market declines, the company is "more capable than ever of participating in the recovery" and can withstand even more severe Bitcoin drops. TD Cowen maintains its buy rating on Strategy, with a target price of $440 and its Bitcoin price forecasts: approximately $177,000 by the end of 2026 and approximately $226,000 by the end of 2027. (Source: ME)
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