March 23, 2015 9:30 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 Monday, Bank of America analyst Lorraine Hutchinson reiterated a Buy rating and $105.00 price target on
Tiffany & Co. (NYSE: TIF).In the report, Bank of America noted, "Tiffany reported 4Q EPS of $1.51, in line with our estimate. Sales were slightly above our estimate due to a January comp improvement versus holiday in the Americas and Japan, though gross margins were below. Worldwide constant currency comps were flat in 4Q. Excluding the negative impact of unfavorable currency and a 15c non-cash pension expense, Tiffany guided to a high-single-digit EPS increase in F2015. We have included both headwinds in our model and are trimming our F2015 EPS estimate by $0.15 to $4.15 to reflect a slight decline in reported earnings. Steps to revive the fashion jewelry category and improve marketing, and growing FCF give us confidence in Tiffany's ability to drive long-term growth, and we maintain our Buy rating."Tiffany & Co. closed on Friday at $82.93.
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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