Coinbase is the ‘most misunderstood’ crypto stock, Bernstein says

Bernstein thinks investors are underappreciating Coinbase’s potential. Analyst Gautam Chhugani stood by his outperform rating on the stock and hiked his price target to $510 per share from $310. Shares of Coinbase closed at $344.82 on Tuesday afternoon, meaning that Chhugani’s revised target represents upside of approximately 48%. “Coinbase is the most misunderstood company in…

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US DOJ settles antitrust case for HPE’s $14 billion takeover of Juniper

Hewlett Packard Enterprise headquarters in Spring, Texas, US, on Monday, May 29, 2023. Mark Felix | Bloomberg | Getty Images The U.S. Department of Justice has settled its lawsuit challenging server maker Hewlett Packard Enterprise‘s all-cash acquisition of Juniper Networks for $14 billion, according to court filings. The settlement requires the combined company to divest…

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