TD Cowen raised its Smarter Web price target to £0.73 from £0.64 and retained its Buy rating, implying roughly 90% upside from Monday’s share price.The analysts said the proposed MORE perpetual preferred shares could give the Bitcoin treasury company another source of long term capital.Smarter Web reported an approximately 11.5% Bitcoin Yield for the year through Sept. 2 despite selling nearly 178 BTC to repay its TOBAM convertible financing.TD Cowen expects Bitcoin to reach roughly $100,000 by December in its base case, with upside and downside scenarios of $175,000 and $25,000, respectively.