Coinbase Global Stock Price Targets Show Widening Divide Among Analysts
Coinbase Global's (NASDAQ:COIN) stock price has been under scrutiny as various brokerages weigh in on its value. MarketBeat Ratings reports that COIN has an average rating of 'Hold' from thirty-four brokerages, with three analysts issuing a sell rating and nineteen recommending a buy.
The 12-month price objective among these brokerages is $219.97, but this figure can fluctuate based on market conditions and new developments. Recently, Citizens Jmp reduced its price target for COIN to $325.00 from $355.00, citing a market outperform rating.