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3232Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
https://www.digit.info/goldman-sachs-downgrades-coinbase-to-sell-rating-analyst-says-firm-needs-to-make-cost-base-reductions/
Tue, 28 Jun 2022 11:30:52 +0000https://www.digit.info/2022/06/28/goldman-sachs-downgrades-coinbase-to-sell-rating-analyst-says-firm-needs-to-make-cost-base-reductions/Read more]]>Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes “Coinbase will […]