March 4, 2013 9:41 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 Monday, BMO Capital Markets reiterated its Underperform rating on Atlantic Power Corp. (NYSE: AT), but lowered its price target from $12.00 to $7.00.BMO Capital Markets noted, “In our eyes, reducing the dividend is a good first step for ATP in terms of strengthening its balance sheet and ability to deliver on acquisitions, which could ultimately translate into net asset value upside should these transactions unfold. However, the magnitude of the dividend reduction has likely eroded market confidence and therefore we highly doubt investors will give the company the benefit of the doubt particularly in light of the weaker financial outlook (especially the potential re-contracting challenges in Ontario and New York). We have reduced our target price to $7 from $12/sh and have maintained our Underperform rating, until the company can prove out its revised strategy of sustainable income and growth.”Atlantic Power Corp. closed on Friday at $7.12.
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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