13:09 Jun 27, 2022 Goldman Sachs Downgrades Coinbase Stock to Sell
Goldman Sachs downgrades Coinbase stock to sell, setting a revised price target of $45, down from $70. According to Monday’s note the bank expects current cryptocurrency prices and trading volumes to cause "further degradation" in Coinbase’s revenue base.
Source Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors Coinbase's fiat-to-crypto onramp integrates Apple Pay Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders Coinbase shares drop 15% after weaker-than-expected earnings report 8 Hours Ago Daily Market Wrap | Aug. 21
1 Day Ago Daily Market Wrap | Aug. 20
2 Days Ago Daily Market Wrap | Aug. 19
3 Days Ago Daily Market Wrap | Aug. 18
6 Days Ago Daily Market Wrap | Aug. 15