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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
On October 20, the company reported EPS of $0.76 on revenue of $22.3 billion. This is ahead of the Street analysts' estimate of $0.68 per share on revenue of $21.7 billion. The beat was driven by outperformance in all the three divisions with the biggest coming from Personal Computing division.
The following brokerages upgraded the stock:
- William Blair: Market Perform to an Outperform rating.
- Wunderlich: Hold to a Buy rating.
The following brokerages have maintained their respective rating:
- Barclays maintains an Overweight rating and boosted the price objective from $60 to $65.
- Citi retained a Sell rating.
- Goldman Sachs maintains Neutral rating. However, the firm boosted price target from $57 to $60.
- Jefferies reiterated its Underperform rating, but lifted the target price from $40 to $43.
At last check, Microsoft was trading up 4.56 percent on the day at $59.86.
Full ratings data available on Benzinga Pro.
Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!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.