November 3, 2014 9:08 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 Bernard Colson downgraded 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: LRE) from Outperform to Perform, and removed the $20.00 price target.In the report, Oppenheimer noted, “We downgrade LRE to Perform from Outperform and remove our $20 price target after the company reported in-line 3Q14 results. We believe LRE is in a difficult predicament as it enters a period of weaker oil prices with falling distribution coverage, limited capacity on the credit facility, and a rising cost of capital. It may be even more difficult (but absolutely imperative) for LRE to acquire assets in this environment. While we are not concerned about distribution safety in 2015, the period between now and 2016 is pivotal to distribution sustainability. The negatives here are balanced by a high current yield (12.3%), which keeps us from an Underperform rating. We are updating estimates following 3Q results.”LRR Energy LP closed on Friday at $16.31.
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