Sentiment: Negative
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Circle (CRCL) and Coinbase (COIN) Take a Hit as Analyst Sees Balanced Risk/Reward
By Trader Edge at 2026-07-22 18:29
Sentiment: Negative
TLDR Circle Internet Group (CRCL) fell 4.6% and Coinbase (COIN) dropped 4.2% on Wednesday after Raymond James rated both stocks Market Perform. Analyst Madison Suhr cited limited upside conviction, noting CRCL trades at roughly 18x its projected 2027 EBITDA. Coinbase faces added pressure from crypto’s downturn and incoming competition from E*Trade and Charles Schwab spot [...] The post Circle (CRCL) and Coinbase (COIN) Take a Hit as Analyst Sees Balanced Risk/Reward appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central