When the U.S. Treasury issued 30-year bonds back in 1996, each dollar they borrowed was 1/3.7T. When they pay those dollars back this year, each dollar they repay will be 1/22.7T. That’s a 6.1X denominator expansion. The Denominator Matters
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When the U.S. Treasury issued 30-year bonds back in 1996, each dollar they borrowed was 1/3.7T. When they pay those dollars back this year, each dollar they repay will be 1/22.7T. That’s a 6.1X denominator expansion. The Denominator Matters
The 12-month average price target for $MSTR is ~$350–$370/share. —Investing.com: $370.14 average from 15 analysts; high target $705, low $175; —Zacks: $361.44 average from 16 analysts; —MarketBeat: $316.71 average from 18 analysts; —StockAnalysis: $342.23 average from 14 analysts. *NFA, DYOR
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