Beyond The Numbers: 13 Analysts Discuss Coinbase Glb Stock
Portfolio Pulse from Benzinga Insights
The article discusses recent analyst ratings for Coinbase Glb (NASDAQ:COIN), highlighting a range of opinions from bullish to bearish. Analysts have set a 12-month average price target of $261.69, with a high of $345.00 and a low of $169.00. The current average target has decreased by 1.65% from the previous average. The article also provides insights into Coinbase's financial performance, noting impressive revenue growth but challenges in profitability and asset utilization.
September 06, 2024 | 2:00 pm
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Coinbase Glb (NASDAQ:COIN) has received mixed analyst ratings, with a 12-month average price target of $261.69. The company's revenue growth is strong, but profitability and asset utilization remain challenging.
The article provides a comprehensive overview of analyst ratings for Coinbase, showing a mix of bullish and bearish sentiments. The average price target has slightly decreased, indicating a neutral short-term impact. While revenue growth is impressive, challenges in profitability and asset utilization may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100