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Investment bank Cantor Fitzgerald lowers Strategy stock target price by 59%, but remains optimistic in the long term
Summary: According to reports, analysts at investment bank Cantor Fitzgerald have set a 12-month target price for Strategy stock at $229, about 59% lower than the previous expectation of $560, but Cantor Fitzgerald reiterated a 'buy' rating and remains optimistic in the long term. Analysts now expect Strategy to raise $7.8 billion from the capital markets ...
According to reports, analysts at investment bank Cantor Fitzgerald have set a 12-month target price for Strategy stock at $229, about 59% lower than the previous expectation of $560, but Cantor Fitzgerald reiterated a 'buy' rating and remains optimistic in the long term.
Analysts now expect Strategy to raise $7.8 billion from the capital markets in the next year, instead of the previously expected $22.5 billion. (Decrypt)
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Link: Investment bank Cantor Fitzgerald lowers Strategy stock target price by 59%, but remains optimistic in the long term [Copy]
