December 12, 2012 9:23 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 report published Wednesday, Credit Suisse Group reiterated its Neutral rating on Dollar General Corp. (NYSE: DG), but lowered its price target from $56.00 to $48.00.Credit Suisse noted, “DG's Q3 earnings confirmed investor fears that momentum is slowing and the company appears to be facing a more difficult operating environment. While Q3 EPS of $0.63 beat consensus and our estimate of $0.60, comps and the gross margin disappointed. Results were pressured by difficult comparisons, a weakening consumer, and increased competitive pressure. Strong cost control saved the quarter. Management's tone suggested that these issues could continue to weigh on results over the next few quarters. As a result, the company has laid out an aggressive plan to improve traffic and sales in 2013, including investment in price, the roll-out of tobacco, an acceleration of its cooler expansion, a more aggressive implementation of Phase V, and continued remodels.”Dollar General Corp. closed on Tuesday at $42.94.
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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