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.
Wynn Resorts, Limited (NASDAQ: WYNN) has had a very strong 2016, having posted gains of more than 38.5 percent year-to-date. In fact, over the past three months, the stock has surged more than 70 percent. However, the crowd seems to believe there is plenty of upside still left.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
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On Thursday, top raters at the Vetr community decided to upgrade their rating on shares of Wynn Resorts from 3.0 Stars to 3.5 Stars -- out of a possible 5.0 Stars rating.
The new rating reflects the crowd’s average price target of $103.68, which implies a 9.3 percent upside potential from current valuations.
On the other hand, investors should notice that 60 percent of the crowd's ratings are bearish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned
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.