美国投资银行Oppenheimer（OPY）将加密货币交易所Coinbase Global（Coin）的股票降级，因为人们担心投资者会搬到场外。

Oppenheimer的五星级评级分析师Owen Lau将Coinbase股票的股价目标从388美元中降低到279美元，称他预计由于美国总统唐纳德·特朗普（Donald Trump）的进口关税和贸易大战造成的持续市场不确定性，散户投资者的交易将保持疲软。

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.

美国投资银行Oppenheimer已将其对加密货币交易所Coinbase Global（NASDAQ：COIN）股票的评级降低，因为人们担心投资者从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的五星级分析师Owen Lau将Coinbase股票的股价目标从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.

劳预计，由于美国总统唐纳德·特朗普（Donald Trump）对进口关税和潜在贸易战的威胁，散户投资者的贸易活动在未来几个月内将保持疲软。

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.

投资银行还将其全年的2024年交易量预测减少了19％，至1.3万亿美元，因为投资者对风险降低的需求。此外，Oppenheimer降低了Coinbase的收入和收入的2025年和2026年的预测。

Crypto Signals

加密信号

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.

除关税问题外，劳指出，投资者和市场还没有完全接受白宫的亲克赖特托信号，许多人仍然对特朗普政府与数字资产有关的承诺表示怀疑。

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的降级是因为Coinbase的股票在2024年下跌了30％。硬币股票的下降与加密货币市场（特别是比特币（BTC））的低迷相吻合。按市值计算的最大加密货币近期是其价格悬停在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.

比特币的价格已从历史上的109,000美元的历史高处下跌，这是在当年的一月份获得的。

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

尽管一般而言，尽管Coinbase和加密货币交易所的外观黯淡，但Oppenheimer仍然对该股票保持了相同的优于买入的评级。

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).

保留硬币股票的主要原因是公司的市场份额，该公司的市场份额仍在不断增长。目前，Coinbase指挥美国69％的现场加密交易量，并继续从竞争对手的Robinhood Market（NASDAQ：HOOD）中窃取股份。

Coinbase Stock: Key Levels to Watch

共同库存：观看的关键水平

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位华尔街分析师中，Coinbase Global的股票具有共识中等的买入评级。该评级基于过去三个月中发出的12个买入和9个持有建议。 290.90美元的平均硬币目标目标意味着目前水平的上涨时间为69.01％。

Coinbase shares closed Friday down 0.8% for the week.

Coinbase股票周五在本周下跌0.8％。