Investment bank Compass Point downgraded Coinbase (ticker: COIN) from 'Neutral' to 'Sell', lowering its price target from $330 to $248, reflecting a 24.85% decrease. The downgrade is attributed to waning retail investor interest, increased competition in the stablecoin market, and concerns over the sustainability of Coinbase's valuation. Despite this, Coinbase shares have risen 28% year-to-date. The downgrade follows weaker-than-expected earnings, impacted by lower trading volumes. Following the downgrade, Coinbase shares fell 5.47% to $300.77, with option traders showing moderate bearish sentiment as the put/call ratio rose to 0.89. Other analyst updates include Barclays raising targets for companies such as Alphatec (ATEC) to $22, ATI to $90, and Avis (CAR) to $150, while Raymond James and Wells Fargo lowered targets for Aptar Group (ATR). JPMorgan increased price targets for BorgWarner (BWA) to $45 and HCA Healthcare (HCA) to $370. Piper Sandler raised Cheesecake Factory (CAKE) target to $62. In contrast, DA Davidson lowered BlueLinx (BXC) target to $75. Several other companies received target adjustments from various analysts, reflecting a mixed outlook across sectors.