August 22, 2014 7:54 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, Compass Point analyst Wilkes Graham reiterated a Buy 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: ALEX), and raised the price target from $58.00 to $60.00.In the report, Compass Point noted, “We are reiterating our Buy rating and raising our price target to $60 from $58 on shares of ALEX. After a thorough review of the company's 10Q (filed August 8), we are publishing our updated valuation model for the company. We are increasing our NAV to $60 from $58 primarily as a result of ALEX's ramp up in NOI and strength in Grace's backlog (up 15% yoy). We believe that Kukui'ula will continue to be the key dial-moving asset of our NAV as price and pace continue to excel and beat our (and the Street's) expectations while (1) updates on future developments, (2) migration of mainland assets back to HI, and (3) government paving contract awards all remain as future catalysts for the stock. Below, we include the most interesting and relevant information disclosed in the earnings release and 10Q as well as recent updates.”Alexander & Baldwin closed on Thursday at $40.51.
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