Meta Downgraded While Coinbase Sees Upgrade: Key Analyst Insights

Reported about 9 hours ago

In the latest Wall Street analysis, Meta Platforms faced downgrades from both Oppenheimer and Benchmark following its Q3 report, due to large investments without clear revenue prospects. In contrast, Coinbase received a double upgrade from H.C. Wainwright, raising its price target to $425 driven by an optimistic outlook for crypto asset prices and favorable regulatory conditions. Other notable upgrades included Warner Bros. Discovery and C.H. Robinson, while Boeing and Etsy were also downgraded amid growing concerns.

Source: YAHOO

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