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Citi: Lowers Strategy price target to $136, maintains "Buy" rating unchanged
BlockBeats news, on July 1, Citigroup announced it has lowered the price target for Strategy to $136 from the previous $260, but maintained a "Buy" rating.
Citigroup stated that Strategy's updated capital plan has enhanced liquidity, helping to buy more time for the company to stabilize its operations.
According to BIT (bit.com) market data, Strategy's stock fell 0.52% in pre-market trading, to $86.48.