September 10, 2013 11:35 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 Tuesday, J.P. Morgan analyst Harlan Sur upgraded the rating on
Marvell Technology Group Ltd. (NASDAQ: MRVL) from Neutral to Overweight, and raised the price target from $14.00 to $16.00.In the report, J.P. Morgan noted, “We are upgrading MRVL to OW on better execution (product development, time-to-market, software/firmware support) over the past eighteen months which has resulted in solid growth prospects from all of its major product categories, especially in the mobile/wireless and storage markets. Additionally, we anticipate continued operating margin expansion and EPS growth as we believe the company is laser-focused on keeping tight controls over product costs and operating expenses. We believe there is solid potential for revenue/earnings expansion going forward, and believe consensus numbers will move towards our Street-high $1.05 EPS estimate for FY15 and drive the stock towards our price target of $16.”Marvell Technology Group Ltd. closed on Monday at $12.57.
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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