Argus Downgrades Coinbase (COIN) to Hold Due to Significant Valuation Issue, Trading at 39x Forward Earnings
YahooMaham Fatima
Argus Downgrades Coinbase (COIN) to Hold Due to Significant Valuation Issue, Trading at 39x Forward Earnings
Coinbase Global Inc. (NASDAQ:COIN) is one of the most promising stocks with huge upside potential. On November 25, Argus analyst Kevin Heal downgraded Coinbase to Hold from Buy with no price target. The company stands as the top cryptocurrency trading platform, and its dollar-backed stablecoin, USDC (which is the world’s second-largest), is ...
1 month ago
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