Coinbase, Robinhood Upgraded by Barclays Analyst, Citing ‘Matured’ Business Models

Coinbase, Robinhood Upgraded by Barclays Analyst, Citing ‘Matured’ Business Models

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Source: Coindesk.com

Barclays has upgraded both Coinbase and Robinhood to equal weight from underweight. Analysts at the British bank argued that both companies have "matured meaningfully." Coinbase, in particular, could profit from a friendlier regulatory environment as a result of the presidential election in November, Barclays said.

British banking giant Barclays

Read More https://www.coindesk.com/markets/2024/09/06/coinbase-robinhood-upgraded-by-barclays-analyst-citing-matured-business-models/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models" appeared first here Coindesk.com.

Source: Coindesk.com

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