Should You Buy Coinbase Stocks?

Compass Point has downgraded Coinbase stock to a “Sell” rating and reduced its year-end price target from $330 to $248. The downgrade reflects concerns over weakening retail participation, falling subscription revenues, and mounting competition in stablecoins and DeFi. CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com. - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE