Coinbase Global Stock Plunges After Benchmark Price Target Cut
Coinbase Global Inc.'s (NASDAQ:COIN) stock price gapped down prior to trading on Friday, after Benchmark lowered their price target from $270.00 to $230.00.
The stock had previously closed at $163.58 but opened at $153.10. Benchmark currently has a buy rating on the stock.
According to MarketBeat, the stock has an average rating of 'Hold' and a consensus price target of $226.41.