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.
- Needham analyst Quinn Bolton raised the price target on ACM Research Inc (NASDAQ:ACMR) to $110 from $100 and kept a Buy rating on the shares. The price target implies an upside of 30.25%.
- The analyst cites the company's better than expected FY21 preliminary revenue guidance and shipment outlook.
- Bolton added that based on that forecast, the recent selloff in the stock presents a "buying opportunity."
- Bolton is also raising his FY21 EPS view on ACM Research by $0.25 to $1.70.
- ACM Research is engaged in developing, manufacturing, selling single-wafer wet cleaning equipment for semiconductor manufacturers.
- Price Action: ACMR shares traded higher by 5.69% at $84.50 on the last check Thursday.
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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