According to Zhitong Finance APP, Wedbush Securities analyst Moshe Katri released a research report reiterating his "buy" rating on Coinbase (COIN.US) and raising his price target from $275 to $300. Katri stated that Coinbase performed exceptionally well in the second quarter. Its revenue, adjusted EBITDA, and EBITDA margin all exceeded Wall Street's general expectations. However, as cryptocurrencies fell sharply at the end of the second quarter, trading volume on Coinbase's platform also increased...
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Wedbush: Strong quarterly results but regulatory uncertainty remains; raises Coinbase (COIN.US) price target to $300.
智通财经网2021-08-12
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- MajorJackpot·2021-08-13AgreedLikeReport