June 17, 2014 9:41 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 Tuesday, Stifel analyst Joseph DeNardi upgraded 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: LUV) from Hold to Buy, and named a $30.00 price target.In the report, Stifel noted, “We believe the recent pullback in airline share prices offers an attractive entry point as we expect the focus to shift away from the negative data points of Lufthansa and Iraq towards the strong performance airlines are likely to report over the next few quarters."Out of the companies we cover that are Hold rated, we view Southwest as best positioned to benefit from this dynamic given that (1) it has the highest exposure to the strong domestic pricing environment and (2) no direct risk related to the revenue uncertainty associated with the Pacific and Atlantic markets. As a result, we are upgrading shares to a Buy rating and a $30 target price which is based on shares trading at roughly 15x our 2015 EPS estimate or 7x on an EV/EBITDAR (FY2) basis.”Southwest Airlines closed on Monday at $26.10.
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