This Coinbase Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday
Avi Kapoor 8 hours ago
MarketsTrading IdeasPre-Market OutlookNewsAnalyst RatingsDowngrades
Analysts downgraded PFSI, CAMT, BLCO, COIN and FMNB; targets fell for PFSI, CAMT and COIN but rose for BLCO.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
- Keefe, Bruyette & Woods analyst George Bose downgraded PennyMac Financial Services Inc (NYSE:PFSI) from Outperform to Market Perform and cut the price target from $100 to $80. PennyMac Financial closed at $62.92 on Friday. See how other analysts view this stock.
- Morgan Stanley analyst Shane Brett downgraded Camtek Ltd (NASDAQ:CAMT) from Equal-Weight to Underweight and slashed the price target from $152 to $126. Camtek shares closed at $116.68 on Friday. See how other analysts view this stock.
- HC Wainwright & Co. analyst Yi Chen downgraded Bausch + Lomb Corp (NYSE:BLCO) from Buy to Neutral and raised the price target from $21 to $22. Bausch & Lomb closed at $20.00 on Friday. See how other analysts view this stock.
- Morgan Stanley analyst Michael Cyprys downgraded Coinbase Global Inc (NASDAQ:COIN) from Equal-Weight to Underweight and slashed the price target from $258 to $120. Coinbase shares closed at $143.54 on Friday. See how other analysts view this stock.
- Raymond James analyst Daniel Tamayo downgraded Farmers National Banc Corp (NASDAQ:FMNB) from Outperform to Market Perform. Farmers National Banc closed at $15.64 on Friday. See how other analysts view this stock.
Considering buying COIN stock? Here’s what analysts think:

Photo via Shutterstock