Mizuho Reiterates Underperform on Coinbase Glb, Maintains $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has reiterated an 'Underperform' rating on Coinbase Global (NASDAQ:COIN) and maintained a price target of $27.
October 04, 2023 | 2:41 pm
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Mizuho has reiterated an 'Underperform' rating on Coinbase Global, maintaining a price target of $27.
The 'Underperform' rating from Mizuho suggests that the analyst believes Coinbase Global's stock will do worse than the market average. This could potentially lead to a decrease in the stock's price. The maintained price target of $27 also indicates that the analyst does not foresee significant growth in the stock's value in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100