Coinbase "Fundamental Deterioration Continues" - TD Cowen-To The Moon - Tiger Brokers Online Investing Community

1
Comment
Favorite

Coinbase "Fundamental Deterioration Continues" - TD Cowen

Investing.com2023-07-28

TD Cowen analysts remain cautious on Coinbase shares, maintaining an Underperform rating and $36 price target in a note Wednesday.They told investors that there is a widening disconnect between ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2354800685?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-28 14:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2354800685","market":"us","top_or_hot":-1,"title":"Coinbase \"Fundamental Deterioration Continues\" - TD Cowen","media":"Investing.com","content":"<div>\n<p>TD Cowen analysts remain cautious on Coinbase shares, maintaining an Underperform rating and $36 price target in a note Wednesday.They told investors that there is a widening disconnect between ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/coinbase-fundamental-deterioration-continues--td-cowen-432SI-3134832\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase \"Fundamental Deterioration Continues\" - TD Cowen</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase \"Fundamental Deterioration Continues\" - TD Cowen\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-28 14:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/coinbase-fundamental-deterioration-continues--td-cowen-432SI-3134832><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TD Cowen analysts remain cautious on Coinbase shares, maintaining an Underperform rating and $36 price target in a note Wednesday.They told investors that there is a widening disconnect between ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/coinbase-fundamental-deterioration-continues--td-cowen-432SI-3134832\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://www.investing.com/news/stock-market-news/coinbase-fundamental-deterioration-continues--td-cowen-432SI-3134832","article_id":"2354800685","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2354800685","pubTimestamp":1690527088,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"TD Cowen analyst Stephen Glagola remains cautious on Coinbase (NASDAQ: COIN) shares, maintaining an Underperform rating and $36 price target ...(Premium-only article. Please sign in or upgrade to SI Premium to view.)","collect":0,"end_time":0,"defaultTopTitle":"investing.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc."},"translate_title":"比特币基地“基本面恶化仍在继续”——TD Cowen","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1.1},"content_text":"TD Cowen analysts remain cautious on Coinbase shares, maintaining an Underperform rating and $36 price target in a note Wednesday.They told investors that there is a widening disconnect between sentiment and the company's fundamentals.Coinbase will report second quarter earnings on August 3, and TD Cowen sees upside to Q2 consensus EBITDA on pricing power.However, the analysts said that \"while the prospect of spot BTC ETFs & Ripple ruling have fueled positive sentiment (+81% since 6/14 vs. +4% IXIC) – a premium multiple is not currently warranted for this business.\"\"Fundamental deterioration continues on both trading volumes and USDC supply. Risks on regulatory + Binance are underappreciated,\" they concluded in their note.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}