June 14, 2013 10:36 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 on Friday analysts at JP Morgan upgraded its rating on
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.
(NASDAQ: ADVS) from Underweight to Neutral and raised it PT on the company from $28 to $35. In the report lead analyst Sterling Auty commented that, "Since CEO Pete Hess took over the helm in July 2012, he has been aggressively addressing all areas of Advent's strive for improvement. Yesterday, the company announced a special dividend showing that he is also focused on capital structure and shareholder value. While we previously thought we would have several more quarters before the improvements (especially in services) paid off for the stock, providing us better entry points, we now see that the changes are being reflected much earlier than expected. We are upgrading only to Neutral because we do not believe the current valuation is all that attractive, but we expect shares to perform inline with our coverage as we believe structural improvements and perhaps end market pick-up in demand may help estimates move up higher over the next year."Advent Software closed on thursday at $32.99.
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