Bitcoin Hits Low; Related Stocks Lower
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- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
Coinbase (COIN) shares fall as Mizuho sees 20% downside to 2Q and FY23 consensus
May 3, 2023 10:55 AM EDTCoinbase'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 EDTCiti 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
