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, heâs abandoning his bearish stance on Coinbase…
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