January 8, 2015 8:20 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 Thursday, Stifel analyst Scott Devitt 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.
(NASDAQ: TRIP) from Buy to Hold, and removed the $87.00 price target.In the report, Stifel noted, “We are downgrading TripAdvisor shares from a Buy to a Hold with a $78 fair value. We recognize that TripAdvisor has evolved into an impressive vertical search platform for travel. However the transition down the booking funnel, a key focus for investors, has been slower than expected. This delay combined with underwhelming core business metric growth and increasing growth contributions from acquisitions bring into question the near-term prospects of the core meta-search product. Furthermore we see increased marketing spend, due to industry-wide ROI pressure, as a potential drag on margin expansion. Overall we are positive on the long-term potential of the platform, but the lack of visibility into key near-term drivers of the company's growth story and the uncertainty around its ability to be an industry disrupter lead us to the sidelines for 2015.”TripAdvisor closed on Wednesday at $70.84.
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