Analyst lowers MicroStrategy stock price target by 40%

Clear Street analyst Brian Dobson recently slashed the price target on Michael Saylor-led MicroStrategy (Nasdaq: MSTR), now Strategy. The analyst decided to lower the price target after the stock suffered huge volatility on the charts, Investing.com reported on Jan. 9. Related: Michael Saylor's MicroStrategy sits on unrealized loss worth billions Analyst remains long-term optimistic on Strategy Strategy holds 687,410 Bitcoin (BTC) as of Jan. 11, making it the world's largest Bitcoin corporate holder. ...