Crypto Exchange Coinbase (COIN) Raised to Neutral at Bank of America on Positive Market Dynamics

Bank of America said it was upgrading the stock for a number of reasons, including the positive macro backdrop that has helped the cryptocurrency markets and trading volumes, analysts led by Mark McLaughlin wrote. The note also said the exchange’s expense discipline and increased diversification should also help its earnings.



Source link

Leave a Reply

Your email address will not be published.


Please enter CoinGecko Free Api Key to get this plugin works.