on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official
BMO Capital Markets set a C$5.00 target price on Lycos Energy (CVE:LCX – Free Report) in a research report released on Tuesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock. Separately, Atb Cap Markets reaffirmed an outperform rating on shares of Lycos Energy in a research note on Sunday, May […]
American Electric Power (NASDAQ:AEP – Free Report) had its price target lifted by BMO Capital Markets from $95.00 to $99.00 in a research report report published on Tuesday morning, Benzinga reports. The brokerage currently has an outperform rating on the stock. Other research analysts have also recently issued research reports about the stock. Guggenheim cut […]
Wajax (TSE:WJX – Free Report) had its price target decreased by BMO Capital Markets from C$36.00 to C$32.00 in a report published on Friday morning, BayStreet.CA reports. BMO Capital Markets currently has a market perform rating on the stock. A number of other research firms also recently weighed in on WJX. TD Securities upped their […]
Wayfair (NYSE:W – Free Report) had its price target hoisted by BMO Capital Markets from $57.00 to $61.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a market perform rating on the stock. Several other brokerages have also recently issued reports on W. Truist Financial upped their price […]