Here are Thursday's biggest analyst calls: Apple, Dick's, Robin Hood, Kohl's, Zoom, Levi Strauss

Here are the biggest calls on Wall Street on

Buy this undervalued crypto bank poised to rally more than 40%, BTIG says

Silvergate Capital remains a resilient name that investors continue to underappreciate, BTIG said. Analyst Mark Palmer initiated shares of the crypto-focused bank with a buy rating and a $135 price target, saying in a note to clients that shares are trading cheap given the company’s growth potential. “We believe SI’s better-than-expected 2Q22 report provided an … Read more

Bitcoin price drops below $18,300 as sell-off accelerates

Bitcoin plunged to $ 18,248, and ether fell to $ 944 as of mid-afternoon on Saturday, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Carnage in the crypto market is partly to do with … Read more

MicroStrategy denies it received margin call against Silvergate loan

Software company MicroStrategy has not received a margin call against its loan from crypto-focused bank Silvergate, Reuters reported on Wednesday. Valerie Plesch | Bloomberg | Getty Images Aggressive bitcoin investor and American software firm MicroStrategy says it has not received a margin call against a $ 205 million bitcoin-backed loan it took in March, according … Read more

Bitcoin plunge spells trouble for Michael Saylor’s MicroStrategy

Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy’s balance sheet as part of an unorthodox treasury management strategy. Eva Marie Uzcategui | Bloomberg | Getty Images Having once lost $ 6 billion at the height of the dotcom … Read more

Wells Fargo says Silvergate Capital is a buy even as crypto prices sink

Silvergate Capital is poised to be a long-term winner in the crypto industry even as the end case for digital technology remains murky, according to Wells Fargo. Analyst Jared Shaw initiated coverage of the stock with an overweight rating, saying that Silvergate was “carving out a niche role” as an important bank in the crypto … Read more

Apple, Tesla, Best Buy, FedEx

Here are Thursday’s biggest calls on Wall Street: UBS upgrades Tesla to buy from neutral UBS said in its upgrade of the automaker that its “operational outlook is stronger than ever before.” “We upgraded TSLA to Buy (from Neutral) with an unchanged $ 1,100 PT. TSLA is down ~ 35% ytd in line with other … Read more

This crypto fund has outperformed bitcoin for the last five years. Here’s how

A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund … Read more

Stocks making the biggest moves midday: Boeing, Disney and more

A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25, 2020. Terray Sylvester | Reuters Check out the companies making headlines in midday trading. Boeing – Shares fell about 4% after a Boeing 737 passenger jet crashed in China with 132 people on board. China’s … Read more

Here are Monday's biggest analyst calls of the day: Apple, Tesla, Nio, Nvidia, General Motors & more

Here are the biggest calls on Wall Street on