TD Cowen Adjusts Strategy Price Target Amid Bitcoin Yield Concerns
TD Cowen has adjusted its price target for Strategy, while maintaining a buy rating on the stock. The adjustment reflects near-term modeling pressure resulting from Strategy's approach to acquiring Bitcoin. According to reports, the firm's analysis suggests that aggressive Bitcoin buying is influencing its financial outlook, leading to the revised target. The development highlights the impact of digital asset strategies on traditional financial analysis and valuation models.
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