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Bernstein

All articles tagged with #bernstein

Analysts remain cautious on AMD and Intel amid AI hype and growth prospects

Originally Published 2 months ago — by TipRanks

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Source: TipRanks

Top Bernstein analyst Stacy Rasgon remains cautious on AMD and Intel, maintaining hold ratings amid mixed signals; Intel faces core challenges despite recent cash raises and short-term demand improvements, while AMD benefits from a strategic OpenAI partnership but faces high expectations for future profits. Overall, AMD shows stronger near-term growth potential, whereas Intel's fundamentals are less convincing.

UnitedHealth's Q2 Earnings Outlook Amid Market Challenges

Originally Published 5 months ago — by TipRanks

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Source: TipRanks

UnitedHealth Group's stock has fallen 42% this year due to various pressures, but Bernstein considers it a top pick ahead of Q2 earnings, citing an attractive entry point and potential for growth as the company benefits from sector recovery and normalization of margins. The stock is viewed as undervalued with a 21.6% upside potential based on analyst targets.

Bernstein Sets $510 Target, Comparing Coinbase to Amazon in Crypto

Originally Published 6 months ago — by AMBCrypto

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Source: AMBCrypto

Bernstein has increased its price target for Coinbase (COIN) to $510, citing stablecoin growth, institutional crypto dominance, and recent acquisitions as key factors. Coinbase's stock has surged over 140% in Q2, and analysts see significant upside potential, with the company being compared to the 'Amazon of crypto' due to its dominant position in crypto financial services.

Coinbase Gains Momentum Amid Stablecoin IPO and Market Developments

Originally Published 6 months ago — by Investor's Business Daily

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Source: Investor's Business Daily

Coinbase's stock surged due to rising Bitcoin prices and positive regulatory developments in Congress, with Bernstein boosting its price target by 65%, highlighting Coinbase's dominant market position and upcoming product launches like perpetual futures.

Bitcoin Dips Below $100K Amid Market Turmoil, Analysts Urge 'Buy the Dip'

Originally Published 1 year ago — by Benzinga

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Source: Benzinga

Bernstein analysts recommend buying Bitcoin during its recent price dip below $95,000, attributing the decline to routine leverage adjustments rather than fundamental issues. They highlight strong demand from ETFs and corporate buyers like MicroStrategy, which holds over 423,650 Bitcoin. Despite concerns about Google's quantum chip, Bernstein reassures that quantum threats to Bitcoin's security are distant. The firm maintains a 12-month price target of $200,000, driven by institutional demand and manageable miner leverage.

Bitcoin's Election Day Rollercoaster: Analysts Predict Wild Swings

Originally Published 1 year ago — by Decrypt

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Source: Decrypt

Bernstein analysts predict Bitcoin's price could reach $80,000 to $90,000 if Trump wins the U.S. election, but may drop to $50,000 if Kamala Harris prevails. Despite potential short-term volatility, they expect Bitcoin to hit $200,000 by 2025, regardless of the election outcome. Trump's pro-crypto stance and push for American Bitcoin production could boost the mining sector, while U.S. Bitcoin ETFs have already attracted significant institutional investment.

"Robinhood Surges as Crypto Activity Drives Stock and Trading Volumes"

Originally Published 1 year ago — by CoinDesk

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Source: CoinDesk

Robinhood's shares surged over 11% in premarket trading after reporting a significant increase in user activity during February, with equity trading volume jumping 36% to $80.9 billion, options contracts traded increasing 12% to $119.1 million, and crypto volumes growing 10% to $6.5 billion. Broker Bernstein initiated coverage of the stock with an outperform rating and a $30 price target, citing a bullish outlook on the "monster" crypto cycle and projecting a nearly tripled total market cap of $7.5 trillion by 2025.

Bitcoin's Price Projection: $600K by 2026

Originally Published 1 year ago — by Investing.com

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Source: Investing.com

Bernstein analysts predict that Bitcoin is poised for a FOMO rally to new record highs, driven by the increasing interest in Bitcoin ETFs. They note a significant decrease in outflows from Grayscale Bitcoin Trust and a surge in inflows into new ETFs, leading to improved market sentiment and impending scarcity of supply. The analysts expect a significant Bitcoin rally to occur before the halving event in April 2024 and advise investors to consider cryptocurrency investments, particularly in companies like Riot Platforms and CleanSpark.

"Wall Street Eyes Explosive Bitcoin Growth, Predicts High-Risk Crypto Stocks and $80K Price Target"

Originally Published 2 years ago — by CNBC

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Source: CNBC

Bernstein analysts suggest investing in certain high-risk cryptocurrency stocks, anticipating a potentially explosive year for Bitcoin. They believe that despite the volatility and risks associated with these assets, there could be significant rewards for investors who strategically engage with the crypto market this year.