Coinbase, Robinhood and Figure Stocks Are 60% Off Their Peaks—Bernstein Says Buy the Dip

Bernstein analysts cut price targets Monday on Coinbase, Robinhood, and blockchain lending firm Figure Technology Solutions, citing geopolitical headwinds and weak crypto sentiment. But the analysts maintained "Outperform" ratings on all three companies, despite the reductions. "In our view, these businesses offer exposure to trillion dollar markets with years of growth ahead—prediction markets, stablecoins, tokenized real world assets, crypto derivatives, and further beta on crypto recovery from the bot ...