Citigroup Cuts Strategy Price Target to $136 From $260 on July 1, Maintains Buy Rating

Citigroup cut Strategy's price target to $136 from $260 on July 1, while maintaining its buy rating. The bank noted that Strategy's updated capital plan enhances liquidity to provide the company more time to stabilize operations. Strategy shares fell 0.52% in premarket trading to $86.48, according to BIT (bit.com) market data.
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