đ Citigroup Adjusts MicroStrategy (MSTR) Target Price But Maintains Buy Rating đ
Citigroup has revised its target price (TP) for MicroStrategy (MSTR) shares, lowering it from $485 to $325. This adjustment indicates a more cautious outlook on short-term market dynamics.
However, despite the TP cut, Citigroup reaffirms its "Buy" rating for MicroStrategy stock. The firm maintains confidence in the company's long-term prospects and strategic commitment to Bitcoin.
This move reflects an updated valuation strategy while still emphasizing MicroStrategy's potential for enduring growth in the digital asset landscape.
