News/Goldman Sachs Downgrades Coinbase Stock to Sell

Goldman Sachs Downgrades Coinbase Stock to Sell

Jun 27,2022,21:09
Goldman Sachs downgrades Coinbase stock to sell, setting a revised price target of $45, down from $70. According to Monday’s note the bank expects current cryptocurrency prices and trading volumes to cause "further degradation" in Coinbase’s revenue base.
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