B of A Securities Maintains Underperform on Coinbase Glb, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Kupferberg maintains an 'Underperform' rating on Coinbase Global (NASDAQ:COIN) and raises the price target from $47 to $49.
July 13, 2023 | 11:43 am
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B of A Securities maintains an 'Underperform' rating on Coinbase Global, but raises the price target from $47 to $49.
The 'Underperform' rating suggests that the analyst expects Coinbase Global's stock to do worse than the market average. However, the raised price target indicates a slightly more positive outlook than before, which could lead to mixed market reactions.
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