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Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler

Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler

Released Wednesday, 5th July 2023
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Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler

Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler

Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler

Coinbase (COIN) Has Created Too Much Uncertainty, According To Piper Sandler

Wednesday, 5th July 2023
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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.

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Schwab Network

A stock market news podcast and educational program available to stream without a subscription. Get real-time insights, commentary from CEOs and market experts. Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant. THE SCHWAB NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction. © 2024 Charles Schwab Media Productions Company. All rights reserved.

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