March 31, 2015 8:15 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, BB&T Capital Markets analyst Brett M. Hundley 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: SXT) with a Buy rating and $81.00 price target.In the report, BB&T Capital Markets noted, "We are initiating coverage of Sensient with a Buy rating and $81 price target. As one of the larger players in food colors and flavors, Sensient has an opportunity to leverage historical relationships and take advantage of new consumer trends moving towards natural ingredients. Our favorable view is based upon the three M's: Mix, Margins, and Multiple. Sensient is in the midst of an internal cost savings plan and flavors segment go-to-market refresh, and this should drive considerable earnings and cash flow improvement in years ahead. Its earnings multiple lags this reality considerably, however, trailing its peer group by a distinct margin. Thus, we view SXT as a nice opportunity for investors to take advantage of the disconnect."Sensient Technologies Corporation closed on Monday at $66.40.
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