Barclays Maintains Underweight on Coinbase Glb, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Underweight rating on Coinbase Global (NASDAQ:COIN) and has lowered the price target from $70 to $68.
October 10, 2023 | 1:18 pm
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Barclays has maintained an Underweight rating on Coinbase Global and lowered the price target from $70 to $68.
The lowered price target by Barclays indicates a bearish outlook for Coinbase Global. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100