Canaccord downgraded Silvergate Capital to Hold from Buy with a price target of $9, down from $25.
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Read More on SI:
- Coinbase Puts a Stopper on Transactions with Silvergate Capital
- Silvergate Tanks as Annual Filing is Delayed Amid Widening Losses
- Silvergate evaluating impact of events on ability to continue as going concern
- Silvergate Capital to delay filing 10-K statement
- Silvergate downgraded to Market Perform from Outperform at Keefe Bruyette