October 31, 2013 11:25 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, BMO Capital Markets analyst Joanne K. Wuensch reiterated a Market Perform rating on
Masimo Corporation (NASDAQ: MASI), and raised the price target from $22.00 to $24.00.In the report, BMO Capital Markets noted, “MASI reported 3Q13 results that missed slightly on the top line, but beat on the bottom. Total revenue of $131.4 million (up 12% ex-fx) compared with the Street's $132.5 million, including product sales of $124.5 million (up 12.7% ex-fx) and royalty revenue of $6.9 million (down 0.5%). Masimo shipped 44,000 (up 32.9% y/y) SET and Rainbow SET pulse oximetry units, bringing the worldwide installed base to 1,180,000 units (up 11.7% y/y), as the company continues to expand its footprint. By product line, SET revenue was $109.8 million (up 11.3% y/y); Rainbow SET revenue was $12.0 million (up 8.9%), and acquisitions contributed $2.7 million. EPS of $0.27 (up 14.6%) was a penny ahead of our consensus matching estimate of $0.26.”Masimo Corporation closed on Wednesday at $28.38.
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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