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 was driven by concerns over waning retail investor interest, increased competition from stablecoins, and valuation pressures. This follows Coinbase's weaker-than-expected earnings, impacted by reduced trading volumes. Despite the downgrade, Coinbase shares have risen 28% year-to-date. The downgrade has led to a sharp decline in Coinbase shares, which dropped 5.47% to $300.77, accompanied by a rise in the put/call ratio to 0.89, indicating moderate bearish sentiment among option traders. Separately, several other companies received analyst target adjustments: JPMorgan raised BorgWarner's target to $45 from $43; Evercore increased Cheesecake Factory's target to $62 from $54; TD Cowen raised Oracle's price target to $325 from $275, maintaining a Buy rating, citing an expanded OpenAI Stargate partnership; and Bernstein raised Oracle's target to $308 from $269, highlighting accelerating cloud and AI growth. Other notable changes include DA Davidson lowering BlueLinx's target to $75 from $80 and Barclays raising Hershey's target to $188 from $171.