Analyst Ratings

Bank of America (Taylor Simpson/Unsplash)
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Bank of America (Taylor Simpson/Unsplash)

Robinhood reported a large earnings beat driven by crypto trading. (Shutterstock)
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
Robinhood reported a large earnings beat driven by crypto trading. (Shutterstock)

President Trump Delivers Remarks in New Orleans; Jan 14, 2019
Bitcoin Could Benefit From a Trump Win and U.S. Fiscal Dominance: Standard Chartered
A Trump election victory could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.
President Trump Delivers Remarks in New Orleans; Jan 14, 2019

Coinbase CEO Brian Armstrong (Coinbase video)
Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts
The business has a number of positive catalysts including its smart wallet, Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.
Coinbase CEO Brian Armstrong (Coinbase video)

MicroStrategy Executive Director Michael Saylor (CoinDesk)
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
Early adoption of new accounting standards means the company could report a gain of more than $300 per share for the first quarter and meet the remaining requirement for index...
MicroStrategy Executive Director Michael Saylor (CoinDesk)

Michael Saylor, executive chairman of MicroStrategy (Michael.com)
MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.
Michael Saylor, executive chairman of MicroStrategy (Michael.com)

A Hut 8 mining facility (hut8.io)
Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord
The broker cut its price target to $14 from $17.50 while maintaining its buy rating.
A Hut 8 mining facility (hut8.io)

Robinhood app on a smartphone (Shutterstock)
Robinhood Initiated as Market Perform at KBW as Retail Trading Returns
Retail engagement materially accelerated in the first quarter, the report said.
Robinhood app on a smartphone (Shutterstock)

Galaxy Digital CEO Mike Novogratz talks to Bloomberg's Haslinda Amin (Sam Reynolds/CoinDesk)
Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord
The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.
Galaxy Digital CEO Mike Novogratz talks to Bloomberg's Haslinda Amin (Sam Reynolds/CoinDesk)

Coinbase CEO Brian Armstrong. (screenshot from Coinbase video)
Coinbase Is More Than Just a Crypto Exchange: JMP Securities
Momentum continues to build in the company’s ancillary businesses, the report said.
Coinbase CEO Brian Armstrong. (screenshot from Coinbase video)