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  • Weekly Recap | Coinbase -5.08%, consensus target above spot

    Weekly Review·2 days ago, 08:00 AM
    - Coinbase fell 5.08 % this week to close at $175.26, underperforming the S&P 500 amidst volatile market conditions. - CEO Brian Armstrong announced a partnership with Moov to expand stablecoin infrastructure into community banks while predicting significant long-term growth. - Institutional consensus remains a buy with an average target price of $199.76, though divergent views persist regarding the cryptocurrency cycle.
    COIN+9.24%CONL+18.23%
  • Weekly Recap | Coinbase +3.36%, equity perpetuals filed

    Weekly Review·Sep 5 at 06:30 AM
    - Coinbase shares rose 3.36% over the week to close at 184.64 USD, outperforming the S & P 500 while experiencing high trading activity and volatility. - Key developments included the expansion of crypto futures in Canada, filings for equity perpetual contracts with the SEC, and Bitcoin briefly surpassing 80,000 USD. - A total of 23 institutions rated the stock positively with a consensus target price of 198.97 USD, while market participants focused on future product rollouts and macro data.
    COIN+9.24%CONL+18.23%