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, Morgan Stanley analyst Stephen C. Byrd initiated coverage on Pepco Holdings (NYSE: POM) with an Equal-Weight rating and $20.00 price target.
In the report, Morgan Stanley noted, “POM has underperformed YTD, and shares now trade in line on our 2015e. In our view, current valuation is appropriate given above-average EPS growth and yield, offset by downside risks from less-than-supportive regulatory environments...Initiating coverage of POM at Equal-weight with a $20 PT. The total return in our base case is a modest 5%, in line with many of our EW-rated stocks, but the risk-reward is skewed to the positive for POM's shares, with the potential for regulatory improvements that can propel even better EPS growth.”
Pepco Holdings closed on Friday at $20.42.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!