MarketBeat Analyst action
Coastal Financial Corporation (NASDAQ:CCB) Given Consensus Rating of "Hold" by Brokerages
Coastal Financial Corporation (NASDAQ:CCB) has received a consensus "Hold" rating from seven brokerages, despite recent analyst downgrades and a wide range of price targets. The company reported a significant quarterly loss but exceeded revenue forecasts, and insiders have been actively purchasing shares. The stock has seen a substantial drop from its 52-week high, while institutional investors hold a …