MicroStrategy Inc (NASDAQ: MSTR) stock enjoyed a major increase of 15.9% on 2/26/24. The shares closed at $796.48. Moreover, this advance was accompanied by unusually high trading volume at 159% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 10.9% during the last week.
Current PriceTarget Research Rating
MSTR is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
MicroStrategy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. MicroStrategy has a very low Appreciation Score of 13 but a very high Power Rating of 89, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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