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“While we continue to see risks for Coinbase, we think the improving environment, P&L profile, gradual but ongoing diversification, clear industry leadership in the US, and recent share performance point to a more balanced risk/reward, and we move to Equal Weight,” the analyst wrote.
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Coinbase (COIN), Robinhood (HOOD) Upgraded by Barclays Analyst, Citing ‘Matured’ Business Models
