Bearish
Monness Crespi downgrades Coinbase (COIN) to 'Sell' amid crypto market concerns
In the past 24 hours, Monness Crespi Hardt downgraded Coinbase's stock rating from 'Buy' to 'Sell,' citing concerns over the cryptocurrency market cycle and projecting continued weakness through the first half of 2026. The firm anticipates that revenue, EBITDA, and EPS will fall below consensus estimates during this period.
Key points
- Monness Crespi Hardt downgrades Coinbase to 'Sell' amid crypto market concerns.
Sources
AI-generated from public news sources. Not financial advice.
