Cantor Fitzgerald raised its price target on Strategy (MSTR) to $208 from $186, maintaining an Overweight rating. Analyst Ramsey El-Assal increased his 12-month Bitcoin price assumption to $112,000 from $98,000, factoring in Strategy's approximately 848,000 BTC holdings. The firm's updated valuation implies an enterprise value of $110 billion, up from $97 billion.