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Coinbase Global Stock Plunges After Benchmark Price Target Cut

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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.

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