TD Cowen Cuts Sharplink Price Target to $13 on Softer ETH Forecast
The cut ties to a lower 2026 ether forecast of $2,371, but TD Cowen's long-term Ethereum thesis is unchanged despite flagging slower tokenization progress.
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The cut ties to a lower 2026 ether forecast of $2,371, but TD Cowen's long-term Ethereum thesis is unchanged despite flagging slower tokenization progress.
The firm keeps its Buy rating despite the cut, signaling confidence in the long-term thesis while acknowledging near-term BTC headwinds that compress the stock's fair-value ceiling.
TD Cowen's Washington policy team has assessed that a comprehensive crypto market structure bill is unlikely to clear…
TD Cowen reads Thursday's committee vote as procedural, not substantive: the bill still faces a divided full Senate where bank opposition and Democratic holdouts keep enactment in doubt.