Bitcoin Hits Low; Related Stocks Lower

Go back to Bitcoin Hits Low; Related Stocks Lower

Coinbase (COIN) shares fall as Mizuho sees 20% downside to 2Q and FY23 consensus

May 3, 2023 10:55 AM UTC

Coinbase's (NASDAQ: COIN) price target was cut to $27 from $30 per share by Mizuho on Wednesday, with analyst Dan Dolev maintaining an Underperform rating on the stock.

The analyst told investors in a note that while the "Street appears to be on the... More

Citi Downgrades Coinbase Global Inc. (COIN) to Neutral, 'Analysis Paralysis; Too Many Unknowns for Now'

May 1, 2023 4:16 PM UTC

Citi analyst Peter Christiansen downgraded Coinbase Global Inc. (NASDAQ: COIN) from Buy to Neutral with a price target of $65.00 (from $80.00).

The analyst comments "As it stands, both long and short debates begin and end with Coinbases regulatory predicament. Clarity could come from:... More