KeyBanc Capital Markets analyst Alex Markgraff initiated coverage of Coinbase Global Inc. shares undefined with a sector-weight rating Sunday, writing that...
KeyBanc Capital Markets analyst Alex Markgraff initiated coverage of Coinbase Global Inc. shares with a sector-weight rating Sunday, writing that the company"stands apart for scale, compliance, and trust" in the cryptocurrency ecosystem, though various industrywide pressures keep him from recommending the stock.
shares COIN with a sector-weight rating Sunday, writing that the company"stands apart for scale, compliance, and trust" in the cryptocurrency ecosystem, though various industrywide pressures keep him from recommending the stock."Coinbase offers pure-play exposure to the digital-asset ecosystem as an innovative and trusted service provider with a healthy capital position, forward- thinking management team, and an ongoing commitment to user safety," Markgraff wrote.
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