PANews reported on December 6th that, according to Decrypt, analysts at investment bank Cantor Fitzgerald have set a 12-month price target of $229 for Strategy's stock, approximately 59% lower than their previous estimate of $560. Despite this, Cantor reiterated its "overweight" rating. Analysts now expect Strategy to raise $7.8 billion from capital markets over the next year, instead of the previously anticipated $22.5 billion.PANews reported on December 6th that, according to Decrypt, analysts at investment bank Cantor Fitzgerald have set a 12-month price target of $229 for Strategy's stock, approximately 59% lower than their previous estimate of $560. Despite this, Cantor reiterated its "overweight" rating. Analysts now expect Strategy to raise $7.8 billion from capital markets over the next year, instead of the previously anticipated $22.5 billion.
Investment bank Cantor Fitzgerald lowered its price target for Strategy shares by 59% to $229.
PANews reported on December 6th that, according to Decrypt, analysts at investment bank Cantor Fitzgerald have set a 12-month price target of $229 for Strategy's stock, approximately 59% lower than their previous estimate of $560. Despite this, Cantor reiterated its "overweight" rating. Analysts now expect Strategy to raise $7.8 billion from capital markets over the next year, instead of the previously anticipated $22.5 billion.
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