These Analysts Boost Their Forecasts On MicroStrategy Following Q2 Results
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MicroStrategy Inc (MSTR) reported strong Q2 results with revenue of $114.49 million, surpassing estimates. Adjusted earnings were $32.52 per share. Following the earnings announcement, analysts adjusted their price targets: Cantor Fitzgerald raised it to $697, Benchmark to $705, and BTIG to $700, all maintaining positive ratings. Despite the positive outlook, MicroStrategy shares fell 7.6% to $371.49.
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