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Coinbase (COIN) headwinds 'now outweigh the significant tailwinds' - CFRA Research
January 16, 2024 12:04 PM ESTCoinbase (NASDAQ: COIN) was downgraded to Sell from Hold at CFRA Research in a note on Tuesday, lowering the price target to $54 from $109 per share.
Analyst Michael Elliot noted that shares of COIN have fallen 14% since the SEC approved spot Bitcoin ETFs and 25% year-to-date,... More
