October 18, 2013 12:01 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 Friday, Cantor Fitzgerald analyst David Toti downgraded 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.
(NYSE: SLG) from Buy to Hold, but reiterated the $99.00 price target.In the report, Cantor Fitzgerald noted, “Although we continue to favor CBD office assets over suburban, given stronger fundamentals and an expectation for more stable forward cap rates, we believe this is now likely a consensus view - which has led to a run-up in SLG's share price; we now view valuation as fair and downgrade shares to HOLD from BUY. Despite the more neutral stance, we believe the overall Manhattan office market remains stable and improving, with an increasingly diversified employment base and continued global capital inflows. SL Green remains well positioned in the growing Midtown South market, as it continues to successfully generate 1x investment returns amidst a measured redev./repos. pipeline. Downside risks would include the mezz. portfolio (should rates become unhinged), and growing supply levels that could hamper rent growth.”SL Green Realty Corp. closed on Thursday at $94.67.
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