Barclays Maintains Underweight on Coinbase Glb, Raises Price Target to $206
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Underweight rating on Coinbase Global (NASDAQ:COIN) but raises the price target from $196 to $206.
August 02, 2024 | 2:44 pm
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Barclays analyst Benjamin Budish maintains an Underweight rating on Coinbase Global (NASDAQ:COIN) but raises the price target from $196 to $206.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100