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.
Truist analyst Bill Chappell upgraded MGP Ingredients Inc (NASDAQ:MGPI) to Buy from Hold with a price target of $100, up from $80, implying a 27% upside.
- The analyst cited the company's presentations from the recent analyst day and the strong year-to-date performance, adding that its legacy business should post solid and consistent performance for the foreseeable future.
- Chappell further noted that while the demand for U.S. whiskey is as strong as ever, the industry is net short whiskey, meaning almost every brand could sell more products if they had more liquid.
- Price Action: MGPI shares are trading higher by 6.60% at $78.36 on the last check Monday.
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.
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