MicroStrategy (MSTR) Price Target Increased by 6.00% to 702.27
From Nasdaq:
The average one-year price target for MicroStrategy (NasdaqGS:MSTR) has been revised to 702.27 / share, a 6.00% increase from the previous estimate. This reflects an increase in analyst sentiment with targets ranging from 542.37 to 861.00 / share. Capital International Investors and other funds have increased their ownership in the company.
593 funds or institutions hold positions in MicroStrategy, with an average portfolio weight of 0.43%. Total shares owned by institutions increased by 16.64% in the last three months. Susquehanna International Group, Llp increased its ownership by 64.42%. The put/call ratio for MSTR is 1.07, indicating a bearish outlook.
Read more at Nasdaq: MicroStrategy (MSTR) Price Target Increased by 6.00% to 702.27