December 15, 2014 8:56 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.
(NYSE: CAG) will reports its second-quarter results on Thursday. Analysts are expecting the company to earn $0.60 per share in the quarter.In a note to clients on Monday, Eric Katzman of Deutsche Bank expects the company to also earn $0.60 per share in the quarter on revenue of $4.2 billion.Katzman expects a Commercial recovery offsetting a weaker Consumer and Private Brands. As such, the analyst expects the company's EBIT to fall 8 percent from a year ago to $417 million.“We expect investors to focus on top line dynamics, particularly volume versus pricing in the key Consumer segment,” Katzman wrote. “While Commercial should be helped by lapping a customer loss and an improving potato crop, we anticipate a focus on Private Label trends and any sequential improvement.”Katzman will be paying attention to commentary surrounding input costs and potentially an update on the CEO search. The analyst also notes that he sees “minimal” Board support for a break-up of the company.Shares are Hold rated with a $34 price target.
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.
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