TD Cowen: Maintains a year-end target price of $177,000 for BTC, with a strategy more resilient than before

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Odaily Planet Daily News: Investment bank TD Cowen stated in its latest research report that Strategy remains well-positioned during the Bitcoin downturn. Its balance sheet and financing tools have been tailored to cope with current market volatility and can fully benefit from market rebounds. Analysts Lance Vitanza and Jonnathan Navarrete pointed out that Strategy has further solidified its leading position as a corporate Bitcoin treasury, even during sharp market declines, the company is “more capable than ever to participate in the recovery” and can withstand more severe Bitcoin drops. TD Cowen maintains a buy rating on Strategy with a target stock price of $440, and continues to forecast Bitcoin prices: approximately $177,000 by the end of 2026 and approximately $226,000 by the end of 2027. (The Block)

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