Analyst Ratings


Mercati

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Mercati

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

The broker cut its price target to $14 from $17.50 while maintaining its buy rating.

A Hut 8 mining facility (hut8.io)

Mercati

Robinhood Initiated as Market Perform at KBW as Retail Trading Returns

Retail engagement materially accelerated in the first quarter, the report said.

Robinhood app on a smartphone (Shutterstock)

Mercati

Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord

The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.

Galaxy Digital CEO Mike Novogratz at the Token 2049 conference in Singapore in 2022 (Sam Reynolds/CoinDesk)

Finanza

Coinbase Is More Than Just a Crypto Exchange: JMP Securities

Momentum continues to build in the company’s ancillary businesses, the report said.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

Finanza

Bitcoin Year-End Price Target Raised to $90K at Bernstein

The broker expects a 7% reduction in hashrate post-halving from shutdowns versus 15% earlier, the report said.

Institutional traders are more bullish on bitcoin than alternative cryptocurrencies. (Hans Eiskonen/Unsplash)

Mercati

Robinhood to Benefit From ‘Monster’ Crypto Cycle, Initiated Outperform by Bernstein

Total crypto market cap is expected to almost triple to $7.5 trillion by 2025, the report said.

Robinhood website on laptop (Unsplash)

Mercati

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance

The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.

Coinbase sticker on a Macintosh laptop

Mercati

Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb

Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.

(Alpha Photo/Flickr)

Finanza

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'

Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.

Coinbase (Alpha Photo/Flickr)

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