November 19, 2013 9:18 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, Stifel analyst Robert Mains 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: HCP) from Buy to Hold, and removed the $48.00 price target.In the report, Stifel noted, “As we discussed in our review of last week's NAREIT conference, ‘NAREIT Conference Confirms Investment Opportunities, But Increased Competition,' acquisition cap rates for large portfolios, particularly private pay senior housing and medical office buildings, remain stubbornly low. This, we feel, will impede growth via accretive acquisitions. We have lowered our 2014 estimates for HCP's investments and, as a consequence, our FFO and FAD estimates. We have lowered our 2014 FFO estimate from $3.01 to $2.97 and our FAD estimate from $2.56 to $2.52. We are lowering our 2015 FFO estimate from $3.17 to $3.10 and our FAD estimate from $2.74 to $2.67 even though we have not changed our 2015 acquisition assumptions; the reduction reflects the impact of four quarters of lower-than-previously modeled external growth in 2014.”HCP closed on Monday at $39.71.
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