Jonathan Krinsky, analyst at investment firm BTIG: US stocks may continue to rise until the end of the year, pushing the S & P 500 to a new high above 6,100. However, looking ahead to January, market volatility will reappear. If the S & P 500 does hit a new high, there will be a huge deviation in terms of breadth and momentum, which is another red flag as we enter January.
BTIG Research said it raised its price target on MicroStrategy (MSTR. O) to $570 from $290, giving it a "buy" rating.
BTIG Research表示,将MicroStrategy(MSTR.O)目标价从290美元上调至570美元,予其“买入”评级。
Isaac Boltansky, head of policy research at BTIG, said that the Securities Exchange Commission (SEC) is about to undergo personnel changes, and if approved by the Senate, Paul Atkins will replace Gary Gensler for a five-year term. But Isaac Boltansky warned that despite the SEC personnel changes, there will still be "jurisdictional disputes" in the future, noting that the agency and the US Commodity Futures Trading Commission sometimes have disputes over cryptocurrency regulation.
BTIG is optimistic about MicroStrategy's bitcoin purchase plan, significantly raising its target price to $570.