Published Jul 31, 2026, 7:35 AM ET · Updated 3 months ago · 2 sources
THE BLOCK: TD Cowen cuts Sharplink's price target to $13 from $16 after lowering its year-end 2026 ether forecast to $2,371. The broker maintained its Buy rating, citing Sharplink's $75 million financing, 10,000 ETH purchase, and 2.13 million-share buyback as continued treasury execution.
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Original Report
THE BLOCK: TD Cowen cuts Sharplink's price target to $13 from $16 after lowering its year-end 2026 ether forecast to $2,371. The broker maintained its Buy rating, citing Sharplink's $75 million financing, 10,000 ETH purchase, and 2.13 million-share buyback as continued treasury execution.