June 20, 2012 10:29 AM | 1 min read |
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.
In a daily letter published earlier today, Canaccord Genuity upgraded its rating for Mitel Networks (NASDAQ: MITL) from Hold to Buy, and raised its price target from $4.00 to $6.00.Canaccord went on to say “Mitel is positioned well with its focused product portfolio to address the needs of its target SMB and enterprise customers (100 – 2500 users). Mitel does well in best of breed solutions and has won several competitive bake-offs with competitors based on its strengths in mobile and virtualized UC offerings. Shoretel products are more hardware centric and they lack a virtualized UC offering. Cisco is more focused on larger enterprises (5000+ users) and prefers to sell a complete telephony, video conferencing, and UC solution. Mitel has benefited from Avaya channel partner turnover. Avaya's channel partners were disgruntled with Avaya discontinuing the popular Nortel BCS product offering and with Avaya restricting channel partners from participating in the more profitable services sales.”Mitel Networks closed yesterday at $4.08.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.