September 17, 2013 12:12 PM | 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, Benchmark Company analyst Edward J. Atorino reiterated a Hold 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: RRD), but lowered the price target from $20.00 to $19.00.In the report, Benchmark Company noted, “At a recent investor conference, RRD (RRD-Hold, PT from $20 to $19) management reiterated its 2013 revenue and EBITDA guidance – revenues are expected to be $10.1-10.3 billion vs. $10.2B in 2012, including unfavorable foreign exchange rate changes and pass through paper sales. Through June 2013 year to date, revenues are down 12%. Based on a projected EBITDA margin of 11.2% to 11.4%, adjusted EBITDA would be $1.13-1.17 billion. We are trimming our estimates and our price target, and while we maintain a positive long-term view of the Company, we continue to feel the stock is fairly valued with limited upside near-term as we expect little to no growth through 2014.”R.R. Donnelley & Sons Co. closed on Monday at $16.40.
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