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Coinbase Price Target Cut by Freedom Broker Analyst

Guavy AI Editorial Team
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Analyst Anna Dore from Freedom Broker has adjusted her price target for Coinbase (NASDAQ: COIN) downwards to $185.00 per share, a decrease from her previous estimate of $225.00.

The adjustment was made while maintaining the '...' rating on Coinbase, suggesting that the analyst still holds some level of confidence in the company's potential despite the downward revision.

It is worth noting that the exact reasoning behind Dore's revised price target and maintained rating were not disclosed in the announcement from StreetInsider.com.

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