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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This represents the first positive comp reading in a year and a half for the company, driven by good execution, favorable trends and full-priced selling. September sales were up 11.5 percent to $75 million.
Zumiez had an expected strong back-to-school period in the month, but what was particularly encouraging was that sales re-accelerated toward the end of the month during a non-peak period.
While analysts at Baird maintain a Neutral rating, they upped Zumiez's price target to $22 from $19. However, Baird wants to see "more confidence in a sustained recovery scenario" before revisiting their position.
At last check, Zumiez was up 18.14 percent at $21.58.
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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.