B of A Securities Maintains Neutral on Coinbase Glb, Lowers Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Kupferberg maintains a Neutral rating on Coinbase Global (NASDAQ:COIN) but lowers the price target from $263 to $246.
August 02, 2024 | 5:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
B of A Securities analyst Jason Kupferberg maintains a Neutral rating on Coinbase Global (NASDAQ:COIN) but lowers the price target from $263 to $246.
The lowered price target from $263 to $246 by B of A Securities suggests a less optimistic outlook for Coinbase Global. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100