Canaccord cuts MicroStrategy price target to $1,590 from $1,810
Canaccord, a securities firm, lowered MicroStrategy's target price from $1,810 to $1,590 while maintaining a buy rating. The stock fell 2.5% to $1,261 in after-hours trading. The report stated that the company purchased more Bitcoin in the first quarter and now owns a total of 214,400 Bitcoin, worth approximately $13.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Almost 90% ot Airdrop Tokens Crash Within Three Months
Announcement on Resumption of FTM Network Deposit and Withdrawal Services
We are pleased to announce that FTM network deposit and withdrawal services are available again on our platform. We apologize for any inconvenience caused during the suspension period! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter
$10 – $20 RIO ATH Price Possibility Comes Into Play as Bullish Inverted Head and Shoulders Pattern Forms
$66,000 BTC Price Nears as Bulls Take Full Control, Bitcoin Races Towards Next $68,000 Crucial Resistance Level
Trending news
MoreCrypto prices
More
