Analyst Ratings


Finance

Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hashrate

Compass Point’s analyst upgraded Iris’ stock to a buy recommendation from a neutral.

Racks of crypto mining machines.

Finance

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Signature Bank CEO Joseph DePaolo (Signature Bank)

Finance

Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk

The headwinds are set to continue for the exchange, says the investment bank.

(Sophie Backes, Unsplash)

Finance

Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain

Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.

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

Finance

Bitcoin Miner Marathon Digital Targets Trimmed by Cowen

The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

Coinbase's Credit Rating Gets Cut by S&P, Which Warns Crypto Winter Might Prompt More Reductions

The agency dropped the crypto exchange giant's rating to BB from BB+, citing "weak earnings" and increasing competition.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Finance

Crypto-Exchange Coinbase Stock Is Not Out of the Woods as Market Uncertainty Hovers

Wall Street lacks conviction over whether or not Q2 was the bottom for the platform.

(Sophie Backes, Unsplash)

Finance

Exchange Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain

Analysts expect trading volumes to have taken another hit, although a recent near-doubling in the stock price suggests markets may have discounted the bad news.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Finance

MicroStrategy Shares Surge as Michael Saylor Puts Full Focus on Bitcoin

Company operations will now be led by Phong Le, while Saylor will become executive chairman with sole focus on Bitcoin strategy.

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Finance

Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells Some

The trading platform may need more than just a rally in crypto prices to regain investor confidence.

(Leon Neal/Getty Images)

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