What Does Wall Street Think About MicroStrategy Incorporated (MSTR)?

MicroStrategy Incorporated (NASDAQ:MSTR) is one of the best strong buy stocks to invest in according to Wall Street. In a report released on September 15, Gautam Chhugani from Bernstein maintained a Buy rating on MicroStrategy Incorporated (NASDAQ:MSTR) and set a price target of $600.00.

Strategy Incorporated (MSTR): Jim Cramer Shares Rather Cryptic Take About Firm

However, on September 16, Monness analyst Gustavo Gala reiterated a Sell rating on MicroStrategy Incorporated (NASDAQ:MSTR) and set a price target of $175. The same day, TD Cowen also lowered the firm’s price target on the stock to $620 from $640 while keeping a Buy rating on the shares.

The stock’s median price target of $309.06 implies an upside of 89.61% from current levels.

MicroStrategy Incorporated (NASDAQ:MSTR) engages in the development of the Bitcoin network through its operations in technology, financial markets, and advocacy. It is the world’s largest corporate holder of Bitcoin.

While we acknowledge the potential of MSTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSTR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.