July 17, 2013 9:20 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, J.P. Morgan analyst Carl Murdock-Smith resumed coverage 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: LBTYA) with an Overweight rating and $90.00 price target.In the report, J.P. Morgan noted, “We resume coverage with an Overweight recommendation and $90 Dec-14 PT ($70 Dec-13 previously). We view Liberty's cable assets as having multiple, sustainable growth opportunities in the stronger European economies(UK, Germany, Belgium, Switzerland & Netherlands c. 80% of revenue & OCF), combined with substantial operational and financial gearing. The recent Virgin Media acquisition should help Liberty exploit opportunities such as business segment growth and mobile cross-sell (Virgin having seen quad-play customer lifetime value 27x that of single-play, delivering clear profitability benefits). We also believe M&A risk is reducing, and that while there remain further deals to be done, the ‘end-game' is becoming increasingly clear.”Liberty Global PLC closed on Tuesday at $79.46.
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