January 9, 2015 9:09 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 Friday, D.A. Davidson analyst Mark Kelleher upgraded 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: ATEN) from Neutral to Buy, and raised the price target from $5.00 to $6.00.In the report, D.A. Davidson noted, “ATEN has struggled through 2014, missing consensus expectations with both the June and September results. In June, weakness in the Service Provider market in Japan impacted the quarter, while in September, weakness in North America, in both the Enterprise and Service Provider markets, significantly slowed year-over-year growth (Service Provider contribution in North America was down 55% Q2 to Q3). With the recent high-profile hacking attacks, we believe the importance of, and demand for, the company's high-speed DDoS threat prevention capabilities is increasing. In addition, we believe Service Provider spending, particularly in the US, will be consistent with normal seasonal trends in 2015. We would note that revenue guidance for Q4 is $41 - $45 million, with our estimate at $44 million and the consensus at $43 million.”A10 Networks closed on Thursday at $5.18.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.