TagCanaccord Genuity

Bitcoin Price Will Triple to $20,000 by 2021: Investment Bank Canaccord

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By CCN: Bitcoin is 2019’s best-performing asset thanks to the massive rise in the price of the cryptocurrency, and a growing chorus on Wall Street proclaims that BTC's terrific momentum won’t be dying out anytime soon. Canaccord Genuity, an investment banking and wealth management company based out of Vancouver, published a research note predicting that the price will gradually climb back to...

Why Asset Manager Canaccord Says Tesla Stock Will Explode by 40% in 2019

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Despite a wider recovery in the US stock market, Tesla's new year got off to a rocky start. The company's stock plummeted, particularly after RBC Capital gave the electric vehicle maker's shares a dreaded “sell” rating. Striking at the core of the matter, RBC Capital analyst Joseph Spak said: "It’s not that we don’t believe Tesla can grow over time, our model shows solid LT growth. But the...

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