BTIG initiates coverage of MicroStrategy at 'buy' with a price target of $490.00

An analyst from BTIG initiated coverage of MicroStrategy (NASDAQ: MSTR ) at 'buy' with a price target of $490.00.
Prior to this rating, MicroStrategy had 2 buy ratings, 0 hold ratings, and 1 sell ratings.
For consensus analyst estimates and price targets on MicroStrategy, click here. For more news on MicroStrategy, click here.
MicroStrategy's stock price closed at $407.71. They are up 46.82% in the last month and up 111.78% in the last 12 months.
According to Investing Pro, MicroStrategy's fair value is $306.52, a downside of 24.82%. MicroStrategy's fair value comes with a high degree of uncertainty, according to InvestingPro.
Check out MicroStrategy's recent earnings performance and financials here.

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