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Bernstein analysts project a 12-month price target of $600 for MSTR, suggesting an 80% rally that could elevate its market cap to over $157 billion, surpassing Citigroup. However, skepticism persists amid macroeconomic challenges and a declining Bitcoin market, with some analysts doubting a rally will materialize. Despite this, the average price target remains optimistic at $540, contingent on Bitcoin's recovery.
Adani Enterprises is set to report a 17% year-on-year revenue increase to Rs 26,345 crore for Q2, with EBITDA expected to rise to approximately Rs 4,900 crore. The firm raised Rs 4,200 crore from institutional investors through a QIP, with Quant Mutual Fund as the largest investor. Cantor Fitzgerald has initiated coverage with an "overweight" rating and a price target of Rs 4,368, highlighting the benefits of its diversified business model.
Brett Knoblauch
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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