January 13, 2015 9:39 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 Tuesday, Wunderlich Securities analyst Abhishek Sinha initiated coverage 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: SXE) with a Buy rating and $19.00 price target.In the report, Wunderlich Securities noted, “We are initiating coverage of Southcross Energy Partners, L.P. (SXE) with a Buy rating and $19 price target. Southcross is a full-spectrum, integrated midstream operator, and the fifth largest operator in the Eagle Ford. In our view, the recent TexStar transaction along with the creation of the Holdings structure was a game changer for the company that provided a dependable and inventory-rich sponsor, raising its growth profile and improving its units' valuation. We expect SXE's margin contribution from fixed-fee/fixed-spread contracts to rise from 75% currently to 85%-90% in the near term. We believe SXE is a yield story where investors can get an attractive 13.2% yield and the potential for a solid total return; we forecast 68% from today's level, with relatively low risk.”Southcross Energy Partners LP closed on Monday at $12.24.
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