October 3, 2013 10:16 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 Thursday, Citigroup analyst Jim Suva upgraded the 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: BBRY) from Sell to Neutral, and raised the price target from $7.00 to $9.00.In the report, Citigroup noted, “We are upgrading BBRY from Sell to Neutral. Our Long term thesis of market share losses amidst BYOD threat has largely played out as the stock is now down -75%, -18% and -32% in 2011, 2012 & 2013, (vs the market up flat, +13% &+19%) respectively. We note the company's Board of Directors has signed a letter of intent for the company to be purchased at $9/share (our revised target price) by a Fairfax-led consortium. While we continue to remain concerned about the risk to financing and potential for the deal price to go lower, we note the due diligence process could provide additional information on such items as patents and potential monetization opportunities of these patents, details around service contracts with carriers.”BlackBerry Ltd. closed on Wednesday at $7.96.
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