Barclays Maintains Equal-Weight on Coinbase Glb, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Equal-Weight rating on Coinbase Global (NASDAQ:COIN) and raises the price target from $169 to $175.
October 07, 2024 | 7:19 pm
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Barclays analyst Benjamin Budish has maintained an Equal-Weight rating on Coinbase Global and increased the price target from $169 to $175, indicating a slightly positive outlook.
The increase in the price target from $169 to $175 by Barclays suggests a positive outlook for Coinbase, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
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