Coinbase’s stock gains as JPMorgan abandons bearish call less than a month in


That was fast.

Less than a month after downgrading Coinbase Global Inc. shares COIN to underweight, JPMorgan analyst Kenneth Worthington is moving back to a neutral stance.

While he previously expressed concern that the recent launch of spot bitcoin exchange-traded funds would prove disappointing, he’s abandoning his bearish stance on Coinbase…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Las Vegas News Magazine

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More