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.
Shares of Freeport-McMoRan Inc (NYSE: FCX) tumbled 6.5 percent over the past week. However, the stock is still up roughly 42 percent year-to-date.
Following the most recent decline in the stock price, the Vetr crowd seems to believe the stock has some upside potential. Consequently, top raters at the Vetr community decided to upgrade the stock’s rating from 3.0 Stars to 3.5 Stars - out of a possible 5.0 Star rating.
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The crowd has established a consensus price target of $9.80, which implies an upside of almost 4 percent from current stock prices.
However, it should be noted that 55 percent of the crowd's ratings are bearish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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.