'This Changes Nothing,' Says Analyst on Strategy Stock Despite Price Target Cut
I'm PortAI, I can summarize articles.
Clear Street analyst Brian Dobson maintains a Buy rating on Strategy (MSTR) despite cutting the price target from $443 to $268, indicating a 70% upside. The reduction is due to lower Bitcoin price and treasury yield assumptions, not a change in outlook. Dobson highlights Strategy's strong position for Bitcoin exposure and notes MSCI's decision to keep digital-asset treasury companies in major indexes as a positive factor. The stock is seen as a compelling entry point for long-term investors, with a Strong Buy consensus rating and an average price target of $453.17, suggesting 188% upside potential.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments