November 4, 2010 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.
Deutsche Bank has published a "company alert" research report on Strategic Hotels & Resorts (NYSE: BEE) after mixed 3Q results and awaiting further liquidity initiatives.In the report, Deutsche Bank writes "BEE posted respectable RevPAR & hotel EBITDA growth in 3Q, but we thought results might be a bit better given broader luxury trends. A few markets appear to be constraining BEE"s rebound. No comment on 4Q or '11 trends in the release, so we'll look to Thursday's call for those, as well as mgt's updated thoughts on further de-leveraging initiatives (beyond the InterContinental Prague sale that was previously announced). We believe the stock remains in a fairly tight range until a meaningful re-acceleration in EBITDA growth becomes more clear or new liquidity measures take form."Deutsche Bank maintains its Hold rating and $4.75 price target. The company conference call is today at 10:00am at (888) 713-4205 passcode: 34191290.Strategic Hotels & Resorts closed yesterday at $4.54.
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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