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.
Here are a couple key takeaways on Goldman Sachs’ downgrade of NuStar Energy L.P. (NYSE: NS) and Nustar GP Holdings, LLC (NYSE: NSH) to Neutral on tempered growth expectations.
"The $25mn decrease is timing related due to a slower volume ramp on its South TX Phase 2 project ($15mn) as well as its Houston 12-inch pipeline ($10mn).
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
"Delaying & trimming 2015 distribution growth estimates We adjust our growth rate for 2016 to 2.5% (vs. 4%) on increased conservatism and slightly lower coverage.
2017-2018 remain unchanged at 4%.
"We lower our NS/NSH 12-month target prices by $5/$3 to $63/$42."
Shares of NuStar Energy were up 1.5 percent on average volume and shares of NuStar GP Holdings were down fractionally on average volume.
Benzinga Color is embargoed from Benzinga Pro. The content above is delayed by 1.5 hours.
To get it live, subscribe to Benzinga Pro.
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.