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Analysts Offer Insights on Financial Companies: Moelis (MC) and Coinbase Global (COIN)

Tipranks - Thu Apr 9, 7:14AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Moelis (MC) and Coinbase Global (COIN).

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Moelis (MC)

In a report released yesterday, Ken Worthington from J.P. Morgan maintained a Hold rating on Moelis, with a price target of $70.00. The company’s shares closed last Tuesday at $57.50.

According to TipRanks.com, Worthington is a 3-star analyst with an average return of 1.3% and a 49.0% success rate. Worthington covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., Intercontinental Exchange, and Franklin Resources. ;'>

Currently, the analyst consensus on Moelis is a Hold with an average price target of $73.75, which is a 31.4% upside from current levels. In a report released today, KBW also maintained a Hold rating on the stock with a $64.00 price target.

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Coinbase Global (COIN)

Goldman Sachs analyst James Yaro maintained a Buy rating on Coinbase Global today and set a price target of $225.00. The company’s shares closed last Tuesday at $175.18, close to its 52-week low of $146.12.

According to TipRanks.com, Yaro is a 4-star analyst with an average return of 6.1% and a 48.5% success rate. Yaro covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Gemini Space Station, Inc. Class A, and Perella Weinberg Partners. ;'>

Currently, the analyst consensus on Coinbase Global is a Moderate Buy with an average price target of $255.95, which is a 48.7% upside from current levels. In a report issued on March 25, TipRanks – PerPlexity also upgraded the stock to Buy with a $204.00 price target.

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