Yonhap Infomax NewsCanaccord Genuity, long bullish on MicroStrategy, slashed its price target by 61% to $185, citing Bitcoin's identity crisis, but maintained a 'Buy' rating as the company prepares to report earnings amid significant unrealized losses.
#YonhapInfomax #MicroStrategy #CanaccordGenuity #Bitcoin #PriceTarget #UnrealizedLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104006
#YonhapInfomax #MicroStrategy #CanaccordGenuity #Bitcoin #PriceTarget #UnrealizedLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=104006
'Bullish Surrender'—Canaccord Slashes MicroStrategy Price Target by 61%
Canaccord Genuity, long bullish on MicroStrategy, slashed its price target by 61% to $185, citing Bitcoin's identity crisis, but maintained a 'Buy' rating as the company prepares to report earnings amid significant unrealized losses.