Under the flower, MicroStrategy's target stock price is lowered to $325, maintaining a buy rating.

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[Coin World] Citigroup recently adjusted its price target for MicroStrategy. The investment bank lowered the target price from $485 to $325, a decrease of 33%. Interestingly, despite the downgrade, Citigroup still maintains a “buy” rating, indicating that analysts are optimistic about the company's long-term prospects.

MicroStrategy, as a major institutional holder of Bitcoin, often reflects the market's overall expectations for crypto assets through its stock price performance. This rating adjustment may reflect a reevaluation of risks brought about by short-term market fluctuations, but the confidence in fundamentals remains unshaken.

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DeFi_Dad_Jokesvip
· 6h ago
Citibank's recent move is a bit funny; cutting a third while still maintaining a buy rating. What are they implying?
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GasFeeCriervip
· 7h ago
Citigroup's recent moves are quite interesting, maintaining a buy rating despite a 33% fall. To put it bluntly, they probably think it can still drop further, haha. After such a drop, it's only $325? I don't think this is the bottom yet. MicroStrategy is now basically an agent for Bitcoin, really, you can tell what the crypto world is thinking just by looking at its movements.
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OnlyOnMainnetvip
· 14h ago
33% cut directly? Citigroup is really scared. However, the buy rating remains, which indicates it's just short-term panic, still holding the Bitcoin exposure of MSTR.
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AllTalkLongTradervip
· 14h ago
Citigroup's recent move is quite interesting, lowering by 33% yet still calling for buy the dip... Are they waiting for a fall to buy the dip?
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TestnetScholarvip
· 14h ago
Hmm... Citibank is playing a psychological game here, a 33% drop and still dare to call it a buy? They really think retail investors are fools.
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