🔸 $COIN: JPMorgan Downgrades to Underweight from Neutral – PT $80
“We value the stock on a normalized earnings power at $80/share, suggesting downside of 35% in its shares.”
“We are downgrading Coinbase to Underweight. While we continue to see Coinbase as the dominant U.S.… https://t.co/P4ZfLTmsLo