Analysts at Compass Point advise selling Coinbase before derivatives competition intensifies; $140 price target.
Analysts at Compass Point have maintained their pessimistic outlook on Coinbase, setting a target price of $140. They have raised concerns about intense competition within the derivatives market, suggesting potentially challenging conditions for the company.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments