TD Cowen Sees 90% Upside for Smarter Web as Preferred Share Plan Advances
TD Cowen has raised its price target for The Smarter Web Company to £0.73 ($0.99) from £0.64 ($0.87) while maintaining a Buy rating, following the Bitcoin treasury firm’s proposal for a new perpetual preferred-share offering. In a Monday note to clients, analysts led by Lance Vitanza said the planned MORE preferred shares could provide another ...