On 11/6/24, MicroStrategy Inc (NASDAQ: MSTR) stock enjoyed a major increase of 13.2%, closing at $257.81. Moreover, this advance was accompanied by unusually high trading volume at 168% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged 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 be above the cost of capital.
MicroStrategy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. MicroStrategy has a neutral Appreciation Score of 50 but a very high Power Rating of 97, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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