TD Cowen cuts SharpLink target price to $13, keeps buy rating

TD Cowen cuts SharpLink target price to $13, keeps buy rating Global investment bank TD Cowen maintained its buy rating on SharpLink Gaming (SBET), an Ethereum accumulation company, while lowering its price target to $13 from $16, The Block reported. TD Cowen said SharpLink recently raised $75 million, bought 10,000 ETH, and is pursuing a sustainable financial strategy that also includes repurchasing 2.13 million shares of its own stock.