Meme stock comeback underlines a frothy market that has been supported by retail investors

Meme stock comeback underlines a frothy market that has been supported by retail investors

Retail investors’ fingerprints are all over the stock-market rally since the tariff-triggered lows in April with high-flying meme stocks emerging as top performers. Goldman Sachs’ retail favorite basket, consisting of U.S. equities most popular among the retail community based on flows, hit an all-time high on Wednesday, overtaking the previous peak from the infamous GameStop…

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Coinbase is the 'most misunderstood' crypto stock, Bernstein says

Coinbase is the ‘most misunderstood’ crypto stock, Bernstein says

Bernstein thinks investors are underappreciating Coinbase’s potential. Analyst Gautam Chhugani stood by his outperform rating on the stock and hiked his price target to $510 per share from $310. Shares of Coinbase closed at $344.82 on Tuesday afternoon, meaning that Chhugani’s revised target represents upside of approximately 48%. “Coinbase is the most misunderstood company in…

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