.coinbase second-quarter results may have surprised to the upside, but the crypto exchange is still facing headwinds, analysts said following earnings. willcanny99 reports.
Goldman Sachs, Bank of America, JPMorgan and Barclays all noted the beat, but expressed caution over growth prospects.
The bank maintained its sell rating on the shares, but increased its 12-month price target on the stock to $51 from $45.
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