Web3
Circle (CRCL) and Coinbase (COIN) Take a Hit as Analyst Sees Balanced Risk/Reward
CoinCentral·July 22, 2026·1 min read
Circle Internet Group (CRCL) fell 4.6% and Coinbase (COIN) dropped 4.2% on Wednesday after Raymond James rated both Market Perform. Analyst Madison Suhr cited limited upside conviction for CRCL at 18x projected 2027 EBITDA. Coinbase faces added pressure from crypto's downturn and competition from E*Trade and Charles Schwab in spot markets.
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