February 19, 2014 7:41 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 Wednesday, Brean Capital analyst Todd Mitchell reiterated a Buy rating and $82.00 price target 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.
(NASDAQ: DTV).In the report, Brean Capital noted, “DirecTV will show mostly solid momentum exiting 2013. Looking forward, DirecTV faces challenges, including increased uncertainty from its Latin American exposure, and ultimately the specter of increased competition from a reinvigorated TWC. However, in the meantime, we think competitive dynamics are with the satellite operators, and we expect DirecTV's fundamentals to continue to outpace its peers in the U.S. on the back of a strong consumer offering, and for Latin America to continue to grow while weaning itself of corporate capital."With capital intensity expected to fall in 2014, and again in 2015, and FCF expected to rise in both years, we think this should allow DirecTV to maintain the strongest capital returns of the group. We look for continued share repurchases of $4 billion in 2014 and 2015, which we believe will translate to the highest yield in the space.”DirecTV closed on Tuesday at $73.06.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.