Berenberg Capital Adjusts Coinbase Price Target in Response to SEC Lawsuit

Publikováno: 9.6.2023

According to a research report by Berenberg Capital, investment bank analyst Mark Palmer believes that Coinbase shares are currently deemed "uninvestable" in the short term due to the ongoing lawsuit filed by the Securities and Exchange Commission (SEC).
Palmer noted in the report that the anticipated decline in second-quarter trading volumes on Coinbase had already been expected prior to the lawsuit. ...
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