Coinbase Downgraded to Underperform From Market Perform at Keefe Bruyette
Keefe Bruyette analyst Kyle Voigt downgraded$Coinbase (COIN.US)$to Underperform from Market Perform with an unchanged price target of $45 post the Q2 results. The analyst reduced revenue and adjusted EBITDA estimates on the "weak" volume trends into Q3 and the company's mix-shift towards lower-fee institutional trading.
Take-Two Revises Outlook Lower to Account for Zynga, Shifts in Release Schedule
$Take-Two Interactive Software (TTWO.US)$shares declined in extended trading Monday after the videogame publisher revised its outlook lower, to not only account for its recent acquisition of Zynga but for shifts in the release dates of some titles.
MoffettNathanson Downgrades Roku to Sell on 'Challenged' Position
MoffettNathanson analyst Michael Nathanson downgraded$Roku Inc (ROKU.US)$to Underperform from Market Perform with an unchanged price target of $62. The stock has "surprisingly bounced back after an incredibly weak" Q3 revenue guide, Nathanson tells investors in a research note.