November 3, 2014 10:02 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, Wunderlich Securities analyst Eric Beder reiterated a Buy rating and $15.00 price target 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: SQBG).In the report, Wunderlich Securities noted, “We are reiterating our Buy rating, estimates and $15 price target with Sequential (SQBG) announcing 3Q14 results on Thursday before the open. We believe the company will achieve and affirm recent guidance given post the closure of the Galaxy Brands deal (August 18). Further, we expect management to remain upbeat on a number of fronts: potential acquisitions, integration and expansion plans for Galaxy Brands, new licenses and product rollouts and continued organic top-line growth. We believe the company remains ahead of their three year plan for $100 million in revenue and a 75% EBITDA margin. With SQBG now trading at a 15% discount to its 52 week high, we believe the entry point is now even more compelling for one of the few growth stories remaining in the consumer space; we remain buyers.”Sequential Brands Group closed on Friday at $12.54.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.