Benchmark
Benchmark Hikes CompoSecure Price Target to $24 on Arculus Crypto Upgrade
The broker sees CMPO shares gaining from operational momentum and Arculus’s new trading features, with M&A potential still offering upside.
Michael Saylor's Strategy the Architect of New Bitcoin-Backed Fixed Income Market: Benchmark
The company's bitcoin-linked perpetual preferred shares give it a lasting capital edge, analyst Mark Palmer said.
Bakkt Shares Still Look Cheap After 170% Rally: Benchmark
The firm has opportunities in three areas: crypto infrastructure, stablecoin payments and its bitcoin treasury strategy.
Semler Scientific Still Has Nearly 170% Upside After Strive Buyout Deal: Benchmark
Semler (SMLR) rose to just $32.06 yesterday even as the implied acquisition value was above $86, an unusually wide arbitrage spread, said analyst Mark Palmer.
Bakkt Reboots With Fresh Strategy; Initiate at Buy with $13 Price Target: Benchmark
Under the firm's new CEO Akshay Naheta, Bakkt has shed its custody arm and is selling off its legacy loyalty business, the report said.
Strategy’s Equity Shift Is No Retreat From Bitcoin Strategy, Benchmark Says
Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.
Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark
Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.
Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark
Investors are giving no credit for the company's deliberate approach to adding additional bitcoin, said analyst Mark Palmer.
Coinbase's Weak Q2 Is a Blip, Not a Breakdown, Says Benchmark
Weakness in Coinbase stock is a buying opportunity, according to the broker.
CLARITY Act Could be a Game Changer for Institutional Adoption of Crypto: Benchmark
Galaxy Digital, Coinbase are 'exceptionally well positioned' to benefit from increased adoption of digital assets once the act is passed, the report said.
