Mark Palmer

Block Inc (NYSE:XYZ) shares are tanking on Friday after the company announced on Thursday downbeat first-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Benchmark On Block Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash...

Block (NYSE:XYZ) analysts expect a 2025 that is second-half weighted for the company after fourth-quarter financial results and guidance. The Block Analysts Benchmark analyst Mark Palmer reiterated a Buy rating on Block with a price target of $99. Citizens analyst Andrew Boone maintained a Market...

Shares of Bitcoin (CRYPTO: BTC) proxy stock MicroStrategy Inc. (NASDAQ:MSTR) rallied 11% on Monday, coinciding with a leading analyst reiterating the stock's $650 price target.  What happened: Mark Palmer, an equity research analyst at Benchmark, maintained MicroStrategy with a Buy rating and...

Michael Saylor‘s MicroStrategy Inc. (NASDAQ:MSTR) fell in the last five sessions amid heightened volatility due to concerns over hurdles in its S&P 500 inclusion and falling Bitcoin (CRYPTO: BTC) prices. What Happened: While MicroStrategy meets the S&P 500’s market...

Hut 8 Corp (NASDAQ:HUT) shares were down Thursday morning, despite the company reporting upbeat third-quarter results and Bitcoin prices surging past $90,000. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Needham On Hut 8 Analyst John Todaro...

Lightspeed Commerce Inc (NYSE:LSPD) reported last month better-than-expected quarterly results. The company is poised for strong revenue growth, driven by healthy transaction-based revenue growth and a reacceleration in its subscription-based revenue growth, according to Benchmark. Analyst Mark...

Shares of Block Inc (NYSE:SQ) were trading flat on Friday, after the company reporting its second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Block Analyst Tien-tsin Huang reaffirmed an Overweight rating, while raising the...

Hut 8 Corp (NASDAQ:HUT) reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst John Todaro maintained a Buy rating, while raising the price...

Block Inc (NYSE:SQ) shares up on Friday, after the company reported upbeat results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan On Block Analyst Tien-tsin Huang maintained an Overweight rating and price...

Hut 8 Corp (NASDAQ:HUT) shares have been in focus with the Bitcoin halving event impacting miners. Following the merger of "old HUT" with US Bitcoin Corporation (USBTC), which closed in November 2023, the prospects of the new entity have been buoyed by diversified revenue streams and initiatives to...

Block Inc (NYSE:SQ) shares were trading lower after Morgan Stanley analyst James Faucette downgraded the stock from Equal-Weight to Underweight and lowered its price target from $62 to $60. Benchmark analyst Mark Palmer reiterated a Buy rating on Block while raising his price target to $99 from $89...

In a recent market analysis, Benchmark has spotlighted Bitdeer Technologies (NASDAQ:BTDR) as a company with the potential to see its stock price soar, based on its strategic partnership with Nvidia (NASDAQ:NVDA). What Happened: Benchmark has identified a significant investment opportunity in...

Bitcoin (CRYPTO: BTC) is making new all-time highs following the listing of the first Bitcoin futures ETF, but that's not the only reason Bitcoin is surging Wednesday, according to BTIG analyst Mark Palmer. Bitcoin: A Safe Haven? "If you look at Bitcoin in the...

Square Inc (NASDAQ: SQ) shares traded higher by 6% on Friday morning after the company reported a Bitcoin (CRYPTO: BTC)-fueled surge in first-quarter revenue. For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16...

One of most anticipated IPOs of 2021 took place Wednesday with Coinbase Global (NASDAQ: COIN) hitting the public markets. The cryptocurrency exchange company opened for trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price. The Coinbase...