UBS analyst Jay Sole has raised the price target for Amer Sports from $27 to $37, maintaining a Buy rating. The firm is optimistic about the growth potential of the Arc’teryx brand and Amer's prospects in China, citing strong fundamentals and a recent debt reduction as key factors for expected EPS growth. UBS forecasts a 33% compound annual growth rate for EPS over the next four years.
UBS analyst Jay Sole has raised the price target for Amer Sports from $27 to $37, maintaining a Buy rating. The firm is optimistic about the growth potential of the Arc’teryx brand and Amer's prospects in China, citing strong fundamentals and a recent debt reduction as key factors for expected EPS growth. UBS forecasts a 33% compound annual growth rate for EPS over the next four years.
Analysts believe Dogecoin is poised to resume its uptrend after a consolidation phase, with key indicators suggesting a breakout from a descending channel. Trader Olivier Đ X noted a potential price reversal on the 4-hour chart, while The Cryptomist highlighted an ascending triangle pattern on the daily chart. Despite a recent drop in sentiment and social mentions, some analysts maintain bullish long-term targets for DOGE, potentially exceeding its all-time high of $0.73.
FXGuys is rapidly emerging as a formidable competitor to Notcoin, thanks to its innovative no-tax trading model and Trade2Earn rewards system. With a focus on Property Finance (PropFi) and staking opportunities, FXGuys is attracting a growing user base and increasing demand for its $FXG token, positioning itself for sustained growth in the competitive crypto market.
Bitwise has launched a Solana staking exchange-traded product (ETP) in Europe, under the ticker BSOL, offering an annual percentage yield (APY) of 6.48%. This product, developed with Marinade, features a management fee of 0.85%, lower than competitors. As Bitwise awaits U.S. regulatory approval for a Solana ETF, the firm continues to expand its crypto ETP offerings, which now exceed $4.5 billion in assets under management.
Metaplanet's stock plummeted 13.73% after the company announced its new Bitcoin Treasury Operations, despite Bitcoin reaching an all-time high above $108,000. The Tokyo-based firm plans to increase its Bitcoin holdings and projects a 240% revenue increase for the fiscal year, aiming for a consolidated operating profit for the first time since FY2017. Currently, Metaplanet holds 1,142.287 BTC, valued at $119 million, positioning it as one of Japan's largest corporate Bitcoin holders.
Pudgy Penguins' newly launched PENGU token experienced a dramatic 57.8% drop in value within 24 hours post-airdrop, settling at $0.02892 after an initial surge. The NFT collection also saw a 48% decline in floor price, despite a 258% increase in trading volume, highlighting a trend of volatility following airdrops.
Shiba Inu (SHIB) is experiencing a surge in interest as its burn rate skyrockets by 3,800%, potentially paving the way for a price rally. Currently priced at approximately 0.00002712 USDT, SHIB is testing key resistance levels, while Dogecoin (DOGE) consolidates around 0.40 USDT, with both coins under close watch for breakout opportunities.Meanwhile, the blockchain gaming token Minotaurus (MTAUR) is gaining traction with its presale nearing 1 million USDT, offering early buyers a chance for significant returns post-listing. The project has been audited for security, enhancing buyer confidence.
Silencio Network has secured $2.5 million in seed funding to enhance its decentralized noise intelligence platform, now the first fully on-chain DePIN project on the peaq blockchain. With over 400,000 active users and 100,000 daily noise measurements, Silencio aims to transform urban planning, real estate, and hospitality through hyper-local environmental data. The $SLC token incentivizes data collection and provides enterprises access to advanced analytics tools, driving Web3 adoption and environmental impact.
Bybit has launched a Private Wealth Management (PWM) service aimed at high-net-worth individuals and institutional clients, addressing the growing demand for sophisticated wealth management solutions in the digital asset space. The service offers tailored portfolio management, exclusive investment opportunities, bespoke asset allocation strategies, and industry-leading asset security. With a focus on risk management and market insights, Bybit aims to empower clients to navigate the complexities of digital asset investments confidently.
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