This Coinbase Global Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Author: Avi Kapoor | June 11, 2025 07:35am

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Canaccord Genuity analyst Carey MacRury initiated coverage on Gold Royalty Corp. (AMEX:GROY) with a Buy rating and announced a price target of $3. Gold Royalty shares closed at $1.97 on Tuesday. See how other analysts view this stock.
Jefferies analyst Dennis Ding initiated coverage on Mineralys Therapeutics, Inc. (NASDAQ:MLYS) with a Hold rating and announced a price target of $15. Mineralys Therapeutics shares closed at $16.03 on Tuesday. See how other analysts view this stock.
Leerink Partners analyst Daina Graybosch initiated coverage on Summit Therapeutics Inc. (NASDAQ:SMMT) with an Underperform rating and announced a price target of $12. Summit Therapeutics shares closed at $22.08 on Tuesday. See how other analysts view this stock.
UBS analyst Myles Allsop initiated coverage on Core Natural Resources, Inc. (NYSE:CNR) with a Buy rating and announced a price target of $80. Core Natural Resources shares closed at $67.38 on Tuesday. See how other analysts view this stock.
William Blair analyst Andrew Jeffrey initiated coverage on Coinbase Global, Inc. (NASDAQ:COIN) with an Outperform rating. Coinbase shares closed at $254.94 on Tuesday. See how other analysts view this stock.