Mara Holdings price target raised to $39 from $34 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Mara Holdings (MARA) to $39 from $34 and keeps an Overweight rating on the shares. The publicly traded bitcoin treasury companies own, or have raised capital to acquire, 904,000 bitcoin, and this number will continue to increase given their capital market advantages, the analyst tells investors in a research note. Cantor raised price targets in the group after analyzing the bitcoin treasury companies.