August 28, 2014 9:19 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, Wunderlich Securities analyst Eric Beder 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: GES), but lowered the price target from $31.00 to $27.00.In the report, Wunderlich Securities noted, “We are reducing our price target to $27 (from $31) and cutting our FY15 and FY16 EPS estimates to $1.09 (from $1.47) and $1.63 (from $1.98), respectively, after GUESS? (GES) missed 2Q top and bottom line expectations and provided guidance that affirmed that the turn in the North American operations is not a near-term event. That said, the company did provide guideposts that allow us to be surer of the turn in Europe; accelerated domestic store closures, cost cutting, and their balance sheet remains pristine and the dividend highly secure. As such, while we are becoming more conservative, especially in the near term, we are retaining our Buy rating, as we view the risk/reward, especially for longer-term investors, as still compelling.”Guess? closed on Wednesday at $25.64.
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