On 7/15/24, MicroStrategy Inc (NASDAQ: MSTR) stock enjoyed a major increase of 15.4%, closing at $1611.28. Moreover, unusually high trading volume at 193% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 25.7% 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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. MicroStrategy has a very low Appreciation Score of 10 but a very high Power Rating of 95, leading to 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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