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.
- UBS's Steven Milunovich believes Apple could resist Icahn's demands for an increased buyback, pointing out the company already buys back about 5 percent of outstanding shares per year. Milunovich believes the Apple story will be focused on products from here on out. He specifically mentioned the iPhone 5S and 5C, as well as possibilities for new iPads and new product categories next year. UBS reiterated a Buy rating and $500 price target.
- ABG Sundal Collier's Per Lindberg, out of London, had a similar opinion in a note from Tuesday. "While Carl Icahn's announcement of a “major” investment may inspire hopes of an accelerating buyback programme, we surmise that an apparently increasingly active debate about the capital structure will be overshadowed by the imminent launch of the next batch of iPhones and iPads powered by an entirely new operating system," according to Lindberg.ABG Sundal Collier currently has a Hold rating on share of Apple.
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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