Bernstein SocGen Cuts Strategy Price Target as Bitcoin Hits $300,000 Forecast

Bernstein SocGen has cut its price target on Strategy's stock to $350 from $450, while maintaining an Outperform rating. The company currently trades at $126.83, down 64% over the past year.

However, Strategy has surged 22% in the past week alone. According to InvestingPro analysis, MSTR appears overvalued at current levels based on Fair Value calculations.

The stock's extreme volatility is also a concern, with a beta of 3.55, among the highest in the market.