October 3, 2013 12:05 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 Thursday, FIG Partners analyst Brian Martin initiated coverage 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.
(NYSE: FNB) with a Market Perform rating and $13.25 price target.In the report, FIG Partners noted, “We are initiating coverage of Hermitage, PA-based F.N.B. Corporation (FNB) at ‘Market-Perform'. Our Operating EPS estimates for 2013, 2014, and 2015 are $0.83, $0.90, and $1.01, respectively. Valuation considerations keep us on the sidelines as this high quality Mid Atlantic franchise is well positioned to deliver strong operating results and capitalize on offensive opportunities. Our 12-month Price Target of $13.25 assumes shares trade at ~14.7x our FY 2014 estimate and nearly 245% of our forward TBV estimate. These multiples are a premium to peer which we believe is justified given the company's higher level of core profitability and solid EPS prospects. The core deposit premium, inclusive of pending acquisitions, is approximately 13%.”F.N.B. Corporation closed on Wednesday at $12.13.
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