November 5, 2013 9:14 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 Tuesday, Monness Crespi Hardt analyst Jim Chartier 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: LF) from Buy to Neutral.In the report, Monness Crespi Hardt noted, “We are downgrading shares of LeapFrog Enterprises, Inc. to Neutral (from Buy). We believe the company's revised guidance will prove conservative. However, we do not see any clear near term catalysts for the stock. Given management's revised guidance and commentary, we would not be surprised to see some discounting on LeapPad tablets this holiday season which will be interpreted negatively. Then, we expect a conservative outlook for 2014 when the company reports 4Q13 results. We continue to see the potential for improved execution from an upgraded management team and the opportunity for international growth. However, the launch of the LeapPad in new countries will likely begin in 2H14 and investors will remain skeptical about the LeapPad's 2014 prospects in the U.S.”LeapFrog Enterprises closed on Monday at $8.67.
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