This bullish analyst on Michael Saylor's Strategy just threw in the towel on lofty price target
Market Intelligence Analysis
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Why This Matters
Canaccord analyst Joseph Vafi reduced his price target for MicroStrategy's stock by over 60%, indicating a loss of confidence in the company's stock performance.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.
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Full article on CoinDesk
Original article published by
CoinDesk
on February 4, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.