美國投資銀行Oppenheimer（OPY）將加密貨幣交易所Coinbase Global（Coin）的股票降級，因為人們擔心投資者會搬到場外。

Oppenheimer的五星級評級分析師Owen Lau將Coinbase股票的股價目標從388美元中降低到279美元，稱他預計由於美國總統唐納德·特朗普（Donald Trump）的進口關稅和貿易大戰造成的持續市場不確定性，散戶投資者的交易將保持疲軟。

U.S. investment bank Oppenheimer has downgraded its rating on the stock of cryptocurrency exchange Coinbase Global (NASDAQ:COIN) over concerns about investors pulling back from crypto.

美國投資銀行Oppenheimer已將其對加密貨幣交易所Coinbase Global（NASDAQ：COIN）股票的評級降低，因為人們擔心投資者從Crypto退回。

Owen Lau, a top five-star rated analyst at Oppenheimer, cut his share price target on Coinbase’s stock to $279 from $388.

Oppenheimer的五星級分析師Owen Lau將Coinbase股票的股價目標從388美元降低到279美元。

Lau expects trading activity by retail investors to remain weak in the coming months amid ongoing market uncertainty caused by U.S. President Donald Trump’s threat of import tariffs and potential trade wars.

勞預計，由於美國總統唐納德·特朗普（Donald Trump）對進口關稅和潛在貿易戰的威脅，散戶投資者的貿易活動在未來幾個月內將保持疲軟。

The investment bank also reduced its full-year 2024 trading volume forecast by 19% to $1.3 trillion as investor appetite for risk lessens. Additionally, Oppenheimer lowered its 2025 and 2026 forecasts for Coinbase’s revenue and earnings.

投資銀行還將其全年的2024年交易量預測減少了19％，至1.3萬億美元，因為投資者對風險降低的需求。此外，Oppenheimer降低了Coinbase的收入和收入的2025年和2026年的預測。

Crypto Signals

加密信號

Beyond the tariff issues, Lau noted that investors and the markets haven’t fully embraced the pro-crypto signals coming out of the White House, with many people remaining skeptical of the Trump administration’s promises related to digital assets.

除關稅問題外，勞指出，投資者和市場還沒有完全接受白宮的親克賴特托信號，許多人仍然對特朗普政府與數字資產有關的承諾表示懷疑。

The downgrade from Oppenheimer comes as Coinbase’s stock has slid 30% in 2024. The decline in COIN stock coincides with a downturn in the cryptocurrency market, specifically Bitcoin (BTC). The largest cryptocurrency by market capitalization has seen its price hover around $85,000 in recent times.

Oppenheimer的降級是因為Coinbase的股票在2024年下跌了30％。硬幣股票的下降與加密貨幣市場（特別是比特幣（BTC））的低迷相吻合。按市值計算的最大加密貨幣近期是其價格懸停在85,000美元左右。

Bitcoin's price has slid from an all-time high of $109,000, which was attained in January of the current year.

比特幣的價格已從歷史上的109,000美元的歷史高處下跌，這是在當年的一月份獲得的。

Despite the bleak outlook for Coinbase and cryptocurrency exchanges in general, Oppenheimer still maintains a Buy-equivalent outperform rating on the stock.

儘管一般而言，儘管Coinbase和加密貨幣交易所的外觀黯淡，但Oppenheimer仍然對該股票保持了相同的優於買入的評級。

The main reason to remain bullish on COIN stock is the company’s market share, which continues to grow. Currently, Coinbase commands 69% of U.S. spot crypto trading volume and continues to steal share from rival Robinhood Markets (NASDAQ:HOOD).

保留硬幣股票的主要原因是公司的市場份額，該公司的市場份額仍在不斷增長。目前，Coinbase指揮美國69％的現場加密交易量，並繼續從競爭對手的Robinhood Market（NASDAQ：HOOD）中竊取股份。

Coinbase Stock: Key Levels to Watch

共同庫存：觀看的關鍵水平

The stock of Coinbase Global has a consensus Moderate Buy rating among 21 Wall Street analysts. That rating is based on 12 Buy and nine Hold recommendations issued in the past three months. The average COIN price target of $290.90 implies 69.01% upside from current levels.

在21位華爾街分析師中，Coinbase Global的股票具有共識中等的買入評級。該評級基於過去三個月中發出的12個買入和9個持有建議。 290.90美元的平均硬幣目標目標意味著目前水平的上漲時間為69.01％。

Coinbase shares closed Friday down 0.8% for the week.

Coinbase股票週五在本週下跌0.8％。