Why StoneX Is Bullish on Strive (ASST) Stock Despite a 9% Drop

TLDR Strive (ASST) stock fell 9% to close at $26.32 on Monday. StoneX raised its price target to $43 from $32, up 34%, and kept a Buy rating. The new target sits 63% above Monday’s close. Strive filed a $1 billion at-the-market program for its 15% SATS preferred stock. The company bought 6,182 BTC from Oct. 17 to Oct. 23, lifting holdings to 43,000 BTC. Strive (ASST) stock fell 9% to close at $26.32 on Monday. Analysts were upbeat. The stock was not. Strive, Inc., ASST StoneX raised its price target to $43 from $32, a 34% increase. It kept its Buy rating in place. The new target sits 63% above Monday’s close. Senior Equity Research Analyst Mark Palmer published the note on Monday.

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