Bearish
MicroStrategy's stock price target lowered to $215 by Maxim Group amid Bitcoin sales
Maxim Group has reduced its price target for MicroStrategy (MSTR) from $250 to $215, maintaining a 'Buy' rating. This adjustment follows the company's recent Bitcoin sales, which have raised concerns among investors. Despite the reduction, Maxim Group's target still suggests a potential upside of approximately 120% from the current stock price.
Key points
- Maxim Group cuts MSTR price target to $215 amid Bitcoin sales.
- Maxim Group maintains 'Buy' rating despite price target reduction.
- Target price of $215 implies potential upside of about 120%.
Sources
AI-generated from public news sources. Not financial advice.
