Published 2 years ago

JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report - The Daily Hodl

Summary by Ground News

JPMorgan analyst Kenneth Worthington has a neutral rating on COIN but has cut his price target by 23% to from $78 to $60, which is only slightly below its current price of $61.88. Moody's has reaffirmedCoinbase's Ba3 grade, placing COIN in junk territory.

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The Daily Hodl

JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report - The Daily Hodl

Analysts from banking giant JPMorgan have reportedly lowered their price target for crypto exchange Coinbase's stock (COIN), citing increasing pressure on digital asset markets.

2 years ago

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JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report - The Daily Hodl

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JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report - The Daily Hodl

JPMorgan Analysts Drop Price Target for Coinbase Stock Due to Pressure on Crypto Markets: Report - The Daily Hodl

Coverage Details

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