Canaccord Genuity Maintains Buy on MicroStrategy, Lowers Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained its Buy rating on MicroStrategy but lowered the price target from $185 to $173.
September 16, 2024 | 1:40 pm
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Canaccord Genuity has maintained its Buy rating on MicroStrategy but lowered the price target from $185 to $173, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in MicroStrategy's potential, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100