Crypto exchange Coinbase (COIN) sinks as SEC sues for breaking US Securities rules
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Coinbase Global Inc. (COIN) called 'uninvestable' at Berenberg, Slashes Price Target
June 8, 2023 6:22 AM EDTBerenberg analyst Mark palmer lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $39.00 (from $55.00) while maintaining a Hold rating.
The analyst comments "We had expected COIN to report weak Q223 trading volumes even before the SEC filed a lawsuit against it on Tuesday, and we believe the overhang from the... More
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 EDTGoldman 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
