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Why Bitcoin's 2024 Halving Could Benefit Michael Saylor's MicroStrategy, But Not So Much The Miners
Tuesday, July 11, 2023 - 3:35am | 570Berenberg Capital Market has presented a compelling bull case for Microstrategy Inc (NASDAQ:MSTR), the Virginia-based software company helmed by Michael Saylor. What Happened: With a price target of $430 for Microstrategy, Berenberg Capital Market wrote in a research note, seen by The Block,...
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Berenberg's Packaged Food Pair Trade: Buy Twinkie's Parent Company, Hold Flowers Food
Monday, May 21, 2018 - 1:40pm | 619The dynamics of the entire food packaging business changed after Kellogg Company (NYSE: K) decided to exit its direct store delivery snack network to operate a warehouse model. The distribution method that packaged food companies use is becoming increasingly important to investors, according to...
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CarMax Shares May Be Idling At An Attractive Entry Point
Monday, January 8, 2018 - 3:02pm | 365Despite challenging near-term comparisons, the valuation of CarMax, Inc (NYSE: KMX) shares create an attractive risk-reward profile, according to one analyst. The Analyst Berenberg analyst Andrew Fung upgraded shares from Hold to Buy, but reiterated his $83 price target. The Thesis CarMax's...