[TD Cowen Lowers Nakamoto Price Target by 58% but Maintains 'Buy' Rating] According to a report by Jinse Finance, on July 28, Wall Street investment bank TD Cowen lowered the price target for Bitcoin treasury company Nakamoto Inc. (NASDAQ: NAKA). The split-adjusted price target was reduced from $40 to $17, a 58% decrease, but the 'Buy' rating was maintained. TD Cowen analysts stated that the adjustment was primarily due to the pressure on Nakamoto's highly leveraged capital structure caused by the decline in Bitcoin prices. Although the new price target still implies approximately 275% upside from the current stock price of $4.65, the company's stock remains highly sensitive to Bitcoin price fluctuations.