Opinion: Analysts Don't Care About MSCI, MSTR Bullish Consensus Remains Solid

BlockBeats news, October 16: CryptoQuant founder Ki Young Ju posted on the X platform, sharing his views on MicroStrategy (MSTR)'s market outlook, stating that analysts do not care about (potential removal from) the MSCI index-related factors, and MSTR's market consensus remains very bullish.

Ki Young Ju listed that Citi gave MSTR a $240 price target, Barclays $175, and B. Riley $195, with price targets overall trending upward rather than downward. He believes that MSCI is merely a capital flow narrative and has already been priced in by the market.

In his view, the truly important indicators currently are: mNAV at approximately 1.0x, STRC at par, and $3.75 billion in reserves sufficient to cover dividends. With Wall Street price target upgrades and key financial metric support, MSTR's bullish thesis has not been shaken by MSCI factors.