Cryptocurrency exchange leader Coinbase (NASDAQ:COIN) has had a rough go of things lately. With the crypto market in general in decline, the company saw its shares fall in Thursday's trading session. What prompted the plunge for Coinbase? Wells Fargo (NYSE:WFC) began coverage of the stock, and the news wasn't good at all. Analyst Jeff Cantwell kicked things off poorly for the exchange leader, calling the company a Sell with a $57 price target. Cantwell's reasoning is almost unimpeachably sound and features a laundry list of troubles ahead.
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Coinbase Global (NASDAQ:COIN)
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