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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 Mayank Tandon reiterated a Buy rating on BTRS Holdings Inc (NASDAQ:BTRS) and a price target of $8 (53% upside).
- Last week, Tandon attended BTRS' virtual investor day, where management updated the company's long growth runway and supplied further clarity and confidence in the company's MT and LT financial targets.
- He saw BTRS as a leading B2B payments software provider and processing for enterprise and middle-market organizations.
- He believes that BTRS' diverse AR automation solutions and large and growing end-market should allow BTRS to generate 20%+ organic revenue growth over the next several years.
- He also believes there is significant room for LT margin expansion as the vertical-SaaS model gains scale.
- With the shares trading at a discount to a group of payments and financial SaaS companies, he views the risk-reward as favorable.
- Price Action: BTRS shares traded lower by 0.95% at $5.23 on the last check Tuesday.
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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