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Why is MSTZ Down Today After Analyst Ratings

The ETF Opportunities Trust T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) closed down 23.43% on January 6th, ending the day at $14.71 as shares of MicroStrategy Incorporated (MSTR) surged 6.3% during Monday's trading session. MicroStrategy's stock climbed to $360.96, driven by positive analyst sentiment and revised price targets. Benchmark reiterated a "buy" rating with a $650 price objective, while BTIG Research increased their target to $570, reflecting strong confidence in the company's future performance. The stock's upward momentum was further supported by Barclays and Maxim Group, who also raised their price targets, citing the company's robust market position and potential for growth.