March 21, 2014 8:09 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, Bank of America analyst Nikolay Beliov reiterated an Underperform 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: SYMC), but lowered the price target from $18.00 to $17.00.In the report, Bank of America noted, “The company terminated Steve Bennett as President and CEO and appointed board member Michael Brown as interim President and CEO, until a new permanent CEO is found following a search process which is beginning immediately. The company maintains 4Q guidance and is sticking with the 5/30 plan. This turn of events confirms our doubts about the feasibility of the 5/30 plan. The original 5/30 plan implied ~$7.9bn of revenues in FY17E. With FY14E coming in at -3% y/y, and assuming Street revenue growth of 0% in FY15 (vs our -3%) and 5% each in FY16E and FY17E, FY17E revenues would come in at $7.4bn, or $500mn or 6% below the original target. This also puts into question the achievability of 36% operating margins.”Symantec Corporation closed on Thursday at $20.91.
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