February 28, 2014 7:58 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 Friday, Credit Suisse analyst Anjaneya Singh 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.
(NASDAQ: PFMT) from Outperform to Neutral, and lowered the price target from $13.00 to $8.00.In the report, Credit Suisse noted, “We are downgrading our rating on PFMT shares to Neutral (from Outperform) and reducing our target price to $8 (from $13), following a series of delays and disruptions impacting the company. As a result of these issues, the visibility becomes significantly lower for PFMT's FY14 outlook, and potentially beyond. While the company's business model remains sound, and the addressable market opportunity is quite large, we believe the unpredictable nature of their Student Lending and Healthcare segments (due to mostly to regulation and contract transition) offsets the value proposition. We would need to see more predictable and smoother contract transitions as well as higher revenue visibility to become constructive on PFMT.”Performant Financial Corp. closed on Thursday at $7.23.
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