March 27, 2014 10:20 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 Thursday, Morgan Stanley analyst David R. Lewis reiterated an Equal-Weight 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: BAX).In the report, Morgan Stanley noted, “MS biotech analyst Matthew Harrison's launch on the biotech sector shows Biogen Idec hemophilia projections consistent with our Baxter assumptions. Following recent clinical diligence, he estimates that long-acting penetration will reach nearly 30% globally by 2018. Diligence and survey work leaves him more confident in share gains relative to consensus, and he believes the first mover advantage is underappreciated by the Street, as discussed in his Biogen initiation, A lot More to Come, Initiate at Overweight (3/26/2014). Our Baxter model assumes 30-35% share loss in both the US and EU over the same time frame. Hemophilia competition remains a key risk for Baxter, but we see 3Q14 BAX 855 data as a bigger near-term mitigation event than the BIIB launch.”Baxter International closed on Wednesday at $70.08.
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