InvestorsObserver is giving MicroStrategy Incorporated (MSTR) an Analyst Rating Rank of 18, meaning MSTR is ranked higher by analysts than 18% of stocks. The average price target for MSTR is $276 and analyst’s rate the stock as a Buy.
Why are Analyst Ratings Important?
A company’s financial statements are a significant factor weighted by experts when analyzing a company’s health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What’s Happening With MicroStrategy Incorporated Stock Today?
MicroStrategy Incorporated (MSTR) stock is trading at $229.63 as of 3:04 PM on Friday, Oct 21, a rise of $8.62, or 3.9% from the previous closing price of $221.01. The stock has traded between $216.49 and $231.87 so far today. Volume today is below average. So far 249,411 shares have traded compared to average volume of 561,190 shares.
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