Maxim Group Cuts Strategy Stock Target Amid Growing Caution on Bitcoin

Wall Street investment bank Maxim Group has lowered its price target for Strategy (NASDAQ: MSTR) from $250 to $215, while maintaining its Buy rating.

The revised target still suggests more than 120% upside from Wednesday's closing price of $98.37, when MSTR stock gained 0.74%.

This move follows similar actions by other Wall Street firms, including Cantor Fitzgerald and B. Riley, which have also lowered their price targets for Strategy.

Cantor Fitzgerald recently reduced its MSTR price target to $186 after lowering its Bitcoin forecast from $111,000 to $98,000 by August 2027.

B. Riley cut its target from $215 to $155, trimming its Bitcoin price estimate from $81,500 to $65,000.