“It misses the significant diversity within retail, underestimating the power of simplicity,” said Brendler in a note to clients. “Despite below-consensus expectations for Q2 and beyond, we’re sticking with Coinbase as we believe the 2022 ‘crypto winter’ will ultimately work to its advantage.” He has a buy rating and $90 price target on the stock.
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- business
- coinbase
- Coindesk
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet