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Stock impact report

Goldman Sachs Flags 2 Crypto Stocks Worth Buying After 46% Sector Crash [Yahoo! Finance]

Robinhood Markets, Inc. - Class A (HOOD) 
Company Research Source: Yahoo! Finance
The research note maintained Buy ratings on three names. Robinhood Markets (HOOD), Figure Technologies (FIGR), and Coinbase Global (COIN) each offer distinct upside. Valuations Near Historical Trough Levels Yaro noted that the current drawdown has roughly matched the average peak-to-trough decline seen in previous crypto cycles. Prices have shown volatile but stabilizing behavior over recent weeks, suggesting forced selling pressure may be easing. "All in, we see an increasingly attractive entry point to our digital-asset sensitive coverage, albeit selectively, across the group," a TradFi media reported, citing Yaro. Among the three picks, Goldman cut its HOOD price target to $91 from $102 and lowered its COIN price target to $235 from $270. However, it raised FIGR's target to $42 from $39, implying roughly 35% upside. HOOD closed at $66.02 and COIN at $161.14 on March 28, both down sharply year to date. COIN and HOOD Price Performance. Source: TradingView Subscribe to Show less Read more
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