Coinbase (COIN) option implied volatility as shares rally 6.9%

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Coinbase (COIN) downgraded at Atlantic Equities as crypto volumes remain subdued

July 12, 2023 8:02 AM EDT

Atlantic Equities downgraded shares of Coinbase (NASDAQ: COIN) to Neutral from Overweight on Wednesday, raising the price target to $80 from $70 per share.

Analyst Simon Clinch said the lower rating follows the company's 60% share price rally off of its recent lows.... More