6 min listen
Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler
FromSchwab Network
ratings:
Length:
5 minutes
Released:
Jul 5, 2023
Format:
Podcast episode
Description
Coinbase (COIN) has created too much uncertainty to prudently project revenues in future years, according to Piper Sandler. Kevin Green discusses COIN as Piper Sandler expects 2-year lows in 2Q for quarterly trading volumes and monthly transacting user totals. Kevin also talks about how movement in bitcoin (/BTC) impacts COIN. Piper Sandler downgraded COIN to neutral from overweight. COIN is up 120% year-to-date. Tune in to find out more about the stock market today.
Released:
Jul 5, 2023
Format:
Podcast episode
Titles in the series (100)
Investment Strategies With Markets At All Time Highs by Schwab Network