Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
The Vetr crowd on Thursday upgraded its rating on Shopify Inc. (NYSE:SHOP) from 4 stars (Buy), issued six days ago, to 5 stars (Strong Buy). Crowd sentiment at the time of the downgrade was mostly positive, with 85 percent of Vetr user ratings bullish.
Share price in Shopify took a nose dive Wednesday following a report from Andrew Left's Citron Research that lambasted the company and put it at a $60 price target. Over the course of that day, the stock lost 13.75 percent. Shopify opened Thursday's market to fall to a low of 93.66 before gaining some momentum and finishing the day up at $100.43.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average price target for Shopify is up at $128.14, which is more than twice the average analyst price target of $61.60. Less than 2 percent of Vetr users are holding SHOP in their watch-lists.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!