Piper Sandler Maintains Neutral on Coinbase Glb, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Richard Repetto maintains a Neutral rating on Coinbase Global (NASDAQ:COIN) and raises the price target from $60 to $80.

August 04, 2023 | 7:36 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Coinbase Global and raises the price target from $60 to $80.
The news is directly about Coinbase Global. Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $60 to $80 could be seen as a positive signal, potentially leading to increased investor confidence in the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100