COIN Double Downgrade: Bearish on Valuation, Bullish on Crypto Trends
Summary
H.C. Wainwright gave a double downgrade to Coinbase (COIN) over its ballooning valuation from a staggering run higher. H...
H.C. Wainwright gave a double downgrade to Coinbase (COIN) over its ballooning valuation from a staggering run higher. However, as Sam Vadas notes, the firm sees Coinbase being a "best in breed" for crypto exchanges.
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