September 8, 2014 11:13 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 Monday, Oppenheimer analyst Yair Reiner 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: LLL) from Perform to Outperform, and named a $128.00 price target.In the report, Oppenheimer noted, “We believe LLL's shares have been punished excessively following the revelation of accounting misstatements pertaining primarily to a single contract. The misstatements, spanning several years and totaling $87M in EBIT (at last estimate), are not negligible and suggest internal controls at LLL are not entirely what they should be. But in the final reckoning, we believe L-3's FCF performance—topping 135% of NI each of the last five years—is the most reliable gauge of the integrity of the company's overall results. That combined with LLL's valuation (~10% FCF yield) and the likelihood of a pending inflection in defense spending prompt us to view the stock's recent drubbing as an opportunity. Upgrade to Outperform with $128 PT.”L-3 Communications Holdings closed on Friday at $112.06.
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