Analyst Ratings


Finance

Signature Bank Downgraded at Jefferies Due to Shrinking Crypto Business

The cut to "hold" by the formerly bullish analyst comes after the stock has suffered a 67% year-over-year decline.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Markets

Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating on Near-Term Concerns

The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said.

(Marco Bianchetti/Unsplash, modified by CoinDesk)

Markets

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue

The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10.

Trading app Robinhood has added Solana, Pepe, Cardano and XRP to the list of cryptocurrencies available to trade on its platform. (Unsplash)

Finance

Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall

Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week.

Signature Bank CEO Joseph DePaolo (Signature Bank)

Finance

Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse

Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Finance

Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath

The bank had rated the shares at buy. It cut its price target to $50 from $77.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Finance

Compass Point Analyst Defends Bitcoin Miner Iris Energy

Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.

Equipamiento para la minería de bitcoin. (Shutterstock)

Finance

Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes

Two analysts downgraded their recommendations on Argo's shares.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Finance

Troubled Bitcoin Miner Core Scientific's Shares Continue to Plunge on Bankruptcy Risk

The shares fell another 15% Friday after a rough week amid financial woes and analyst downgrades.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes

DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.

Core Scientific facility in North Carolina. (Core Scientific)