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-0.00155705032386647 -0.00149476831091169 -7.47384155445312E-06 6.2282012954602E-05 -0.00625934230194317 -0.00149476831091187 -0.00317638266068754 0.00143248629795709
Stock impact report

Analyst lowers MicroStrategy stock price target by 40% [Yahoo! Finance]

Strategy Inc - Class A (MSTR) 
Last strategy inc - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Yahoo! Finance
The analyst decided to lower the price target after the stock suffered huge volatility on the charts, Investing.com reported on Jan. 9. Related: Michael Saylor's MicroStrategy sits on unrealized loss worth billions Strategy holds Bitcoin (BTC) as of Jan. 11, making it the world's largest Bitcoin corporate holder. As a Bitcoin proxy, its stock performance is tied to that of the leading cryptocurrency. While BTC has fallen 18% over the last three months, the MSTR stock has dipped nearly 50% during the same period. Though Dobson lowered the stock's price target, he underlined that Strategy continues to remain "a differentiated and compelling vehicle for leveraged Bitcoin exposure on a per-share basis, net of dilution." The analyst also maintained an optimistic view of Bitcoin in the long run and noted that Strategy is capable of compounding shareholder returns. Dobson identified a few positive developments that are responsible for the firm's bullish outlook on MSTR. The Show less Read more
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