Coinbase Downgraded to Neutral at DA Davidson Ahead of Earnings

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

D.A. Davidson analyst Chris Brendler downgraded Coinbase $COIN to neutral from buy after a more than doubling in the stock in 2023 sent the price surging past his $55 price target. HeleneBraunn reports

D.A. Davidson analyst Chris Brendler downgraded Coinbase to neutral from buy after a more than doubling in the stock in 2023 sent the shares surging past his $55 price target.

With Coinbase’s upcoming Q4 earnings and growing regulatory concerns, Brendler suggests now is a good time to take some money off the table, even as he remains bullish on the stock over the longer term.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

HeleneBraunn I mean.. lol

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 291. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Cathie Wood’s Ark Invest bags nearly $16M Coinbase stocks in February.ARKInvest's latest purchases show a bullish outlook on the cryptocurrency market, with the investment management firm stacking nearly $16 million in Coinbase stock over just two days. ARKInvest The latest purchases come amid Ark Invest CEO and chief investment officer Wood continuing to express a bullish outlook on the cryptocurrency market. Ark’s chief executive also believes crypto assets will see a huge turnaround in 2023 due to inflation and a potential Fed pivot.
Herkunft: Cointelegraph - 🏆 562. / 51 Weiterlesen »