Coinbase Gets Mixed Reviews from Wall Street Analysts
Major Wall Street analysts have updated their ratings for Coinbase (COIN.US) with price targets ranging from $95 to $330. Analysts such as James Yaro of Goldman Sachs, Peter Christiansen of Citi, and Andrew Harte of BTIG maintain a buy rating on the company.
However, not all analysts are optimistic about Coinbase's future performance. Benjamin Budish of Barclays maintains a sell rating with a target price of $95. This is a decrease from his previous target price of $99.
The analysts' ratings and price targets have been updated to reflect their expectations for the company's performance over the next year. While some analysts are predicting a significant increase in Coinbase's value, others are more cautious in their predictions.