Coinbase to Participate in the Morgan Stanley US Financials, Payments, and CRE Conference

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Go back to Coinbase to Participate in the Morgan Stanley US Financials, Payments, and CRE Conference

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 EDT

Goldman 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