TD Cowen Maintains $177,000 BTC Price Target for End of 2026

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TD Cowen maintains its $177,000 BTC price action target for the end of 2026, $226,000 for 2027. The firm gives Strategy a 'buy' with a $440 stock target. TA for crypto remains a focus as the firm highlights Strategy's strong custodial role and performance during Bitcoin's recent dip.

Odaily Planet News: Investment bank TD Cowen stated in its latest research report that Strategy is still in a favorable position during the Bitcoin downturn, with its balance sheet and financing tools specifically tailored to cope with current market volatility and to fully benefit when the market rebounds. Analysts Lance Vitanza and Jonnathan Navarrete pointed out that Strategy has further solidified its leading position as a corporate Bitcoin treasury, and even during periods of sharp market declines, the company is "more capable of participating in the recovery than ever before," with the ability to handle more severe Bitcoin price drops. TD Cowen maintains a buy rating for Strategy, with a target price of $440, and keeps its Bitcoin price forecast: approximately $177,000 by the end of 2026, and about $226,000 by the end of 2027. (The Block)

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