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.
- Barclays analyst Brian Johnson lowered Hertz Global Holdings Inc (NASDAQ:HTZ) price target to $26 from $28 and maintained an Overweight rating on the shares.
- The analyst also lowered Avis Budget Group Inc (NASDAQ:CAR) price target to $168 from $217 and maintained an Underweight rating on the shares.
- The analyst reduced estimates modestly and points to "what now may be the peak for earnings revisions, near term, in the rental car space."
- Johnson says, within that backdrop, "valuations appear to be coming in slightly, though we still see room for earnings and multiples to converge."
- Also Read: Deutsche Bank Upgrades This Mobility Solutions Provider
- Oppenheimer Sees 27% Upside In Hertz Global
- Price Action: HTZ shares traded higher by 1.59% at $22.05 and CAR up by 5.21% at $197.47 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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