What FTX's Collapse Means for Coinbase

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.Oppenheimer analyst Owen Lau cuts his price target for Coinbase from $107 to $89 in the wake of the FTX_Official crash. 'We are actually less optimistic for the industry in the near term,' he said. Watch more on his long-term outlook:

 

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Oppenheimer coinbase FTX_Official I think that second section was more key than the first. It’s not Coinbase they are bearish on, but the market in general, which will reduce CB’s profits short term.

Oppenheimer coinbase FTX_Official Going to $0.00.

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