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Coinbase Global Inc. (COIN) called 'uninvestable' at Berenberg, Slashes Price Target
June 8, 2023 6:22 AM EDTBerenberg analyst Mark palmer lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $39.00 (from $55.00) while maintaining a Hold rating.
The analyst comments "We had expected COIN to report weak Q223 trading volumes even before the SEC filed a lawsuit against it on Tuesday, and we believe the overhang from the... More
Canaccord Genuity starts Mobileye (MBLY) at Buy, sees long-term potential
June 7, 2023 9:17 AM EDTCanaccord Genuity initiated coverage of Mobileye Global Inc. (NASDAQ: MBLY) with a Buy rating and set their 12-month price target for the stock at $50.00 as analyst George Gianarikas sees vehicle autonomy as one of the highest value-creating technologies to be deployed. Ever.
Gianarikas wrote in a note, Full... More
Goldman Remains Negative on Coinbase (COIN), Remains Sell Rated, 'reinforces the high degree of regulatory uncertainty in the crypto ecosystem'
June 6, 2023 10:47 AM EDTGoldman Sachs analyst Will Nance reiterated a Sell rating and $45.00 price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "Today's news appears largely consistent with prior headlines, including the wells notice COIN received from the SEC on March 22, 2023. However, given the multiple... More
