Coinbase Downgraded to Sell as Crypto Momentum Weakens
Investment firm Compass Point has issued a “Sell” rating on Coinbase (COIN), citing overvaluation and deepening regulatory and market risks. The move follows a turbulent earnings season and cautious sentiment around crypto equities. Downgrade Comes with Cut Price Target Compass Point has slashed Coinbase’s year-end price target from $330 to $248, pointing to disappointing second-quarter … Continue reading Coinbase Downgraded to Sell as Crypto Momentum Weakens
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