April 24, 2015 6:33 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, Credit Suisse analysts maintained a Neutral 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: JNPR), while raising the price target from $23 to $26, after the company reported its F1Q15 results.Juniper reported its 1Q revenue and EPS at $1.07bn and $0.32, beating consensus of $1.04bn and $0.31, respectively. The company guided to F2Q15 revenue and EPS of $1.09-$1.12bn and $0.38-$0.42, marginally ahead of expectations. Routing revenues in the quarter came in at $505mn, representing an 8.2 percent y/y decline and a 3 percent q/q decline. "While they are still in decline, mgmt commentary continues to suggest a recovery and spending is expected to resume in 2H15, after a typical four quarter lull. We see a near term trade as visibility around reaccelerating sales growth emerges, driven by SP cycle recovery, cable, and switching traction," the analysts said."As sales growth resumes, we believe OM leverage is likely to come through. We see continued upward bias to OM," the analysts added. The EPS estimates for FY15 and FY16 EPS have been raised from $1.71 to $1.75 and from $1.93 to $2.07, respectively.
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