July 16, 2014 7:48 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, Wunderlich Securities analyst Kevin Reynolds reiterated a Hold 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: OZRK), and raised the price target from $30.00 to $32.00.In the report, Wunderlich Securities noted, “We maintain our Hold rating on Bank of the Ozarks (OZRK) and we are raising our price target to $32 at this time. OZRK reported 2Q14 operating EPS of $0.35, which was $0.02 ahead of consensus, as record organic loan growth, NIM expansion, and fee income growth were all partially offset by higher noninterest expenses (related to acquisitions) and provisioning levels (related to loan growth)."Management raised its loan growth guidance for 2014 to a minimum of $850 million (vs. $600 million previously), in part reflecting the further growth of its specialty real estate lending division and an improving economic environment. We believe OZRK shares should be a core holding in any high-quality bank portfolio; however, the current share price reflects a relatively full valuation, in our opinion.”Bank of the Ozarks closed on Tuesday at $33.58.
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