May 6, 2015 8:08 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 Wednesday, analysts at Raymond James downgraded
Shenandoah Telecommunications Company (NASDAQ: SHEN) from Outperform to Market Perform. Despite the good start to the year, the company's stock is more expensive than its US wireless peers.The company posted strong results for its CATV and wireless business for Q1, along with a healthy balance sheet. C-EBITDA and postpaid net additions for the quarter came in marginally above the estimates. However, the analysts "don't see any short-term strategic opportunities to expand the Wireless or CATV businesses." The company reiterated its capex guidance for 2015 at $74.8 million, despite the low capex of $9.5 million posted for 1Q. The company attributed its guidance to the weather and ramping of the Sprint Spark deployment in 2H.According to Raymond James, "Management stated its priorities to putting cash to work are 1) strategic acquisitions in Wireless and Cable, 2) returning capital to shareholders by increasing the dividend, and 3) debt repayment."
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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