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MSTR
Benzinga
18 days

These Analysts Boost Their Forecasts On MicroStrategy Following Q2 Results

1. MicroStrategy's Q2 revenue was $114.49 million, surpassing expectations. 2. Adjusted earnings per share reached $32.52, outpacing forecasts. 3. Post-earnings, analysts raised price targets for MSTR substantially. 4. MSTR shares fell by 7.6% following the earnings announcement. 5. New Treasury Preferred Stock aims for high-yield investments.

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FAQ

Why Bullish?

Despite a temporary drop, positive earnings and raised targets signal potential price recovery.

How important is it?

Strong earnings and analyst upgrades typically lead to increased investor confidence and buying activity.

Why Short Term?

Analyst upgrades suggest immediate positive investor sentiment, likely influencing short-term stock price.

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