Coinbase Faces Downgrade to Neutral as Analyst Cites Regulatory Challenges and Weak Volume – Atlantic Equities

Coinbase Faces Downgrade to Neutral as Analyst Cites Regulatory Challenges and Weak Volume – Atlantic Equities

ByJohn Mahon

Coinbase Downgraded to Neutral by Atlantic Equities According to Atlantic Equities analyst Simon Clinch, it’s time for investors to step back from Coinbase after its recent rally. In a recent report, Clinch downgraded Coinbase to neutral but raised his price target. The analyst expressed concerns over continued regulatory challenges and weak trading volume, making the…

After latest earnings report, DIS faces conflicting currents, warn analysts.

After latest earnings report, DIS faces conflicting currents, warn analysts.

ByJohn Mahon

Disney’s Q2 earnings report has drawn mixed Wall Street responses and concern over its ability to compete in the streaming space. Although Disney beat expectations on adjusted earnings per share and quarterly revenues, the total subscriptions to streaming platform Disney+ came in at 157.8 million, compared with an expected 163.17 million. As a result, shares in…

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