Mizuho Securities Reiterates Neutral Rating on Coinbase Global Inc. (COIN), 'Is Bitcoin ETF Emerging as a Double Whammy for Coinbase?'

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Go back to Mizuho Securities Reiterates Neutral Rating on Coinbase Global Inc. (COIN), 'Is Bitcoin ETF Emerging as a Double Whammy for Coinbase?'

Mizuho says Bitcoin ETF could be emerging as 'double whammy' for Coinbase (COIN)

February 5, 2024 1:54 PM EST

In a note to clients Monday, Mizuho's Dan Dolev maintained an Underperform rating and $60 price target on Coinbase (NASDAQ: COIN), questioning whether the Bitcoin ETF is emerging as a double whammy for the cryptocurrency exchange.

"The big hope for Coinbase heading... More