TD Cowen analyst lowers Strategy price target to $260, maintains buy rating
Covered by 3 sources · 3 articles
3 outlets - including Yahoo, Theblock and Cryptobriefing - are covering this story. TD Cowen cut its Strategy price target to $260 from $400 on a lower bitcoin forecast, while calling its new capital framework "constructive."
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Strategy Target Cut to $260 as TD Cowen Lowers Bitcoin Outlook
TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive’
TD Cowen cut its Strategy price target to $260 from $400 on a lower bitcoin forecast, while calling its new capital framework "constructive."
TD Cowen analyst lowers Strategy price target to $260, maintains buy rating
The revised target reflects Bitcoin's volatility, highlighting the risks and rewards of Strategy's leveraged Bitcoin investment approach.