Coinbase Price Targets Range from $188 to $330 After Wall Street Analyst Updates
Wall Street analysts have updated their ratings for Coinbase (COIN.US) after major updates on August 1. The price targets for the cryptocurrency exchange ranged from $188 to $330.
Citi analyst Peter Christiansen maintained a buy rating and adjusted the target price from $235 to $210. Deutsche Bank analyst Brian Bedell also maintained a buy rating but adjusted the target price down to $188 from $208.
Benchmark Co. analyst Mark Palmer, however, adjusted his target price up to $230 from $270, which is still lower than his previous estimate of $330.
The ratings and price targets were provided by major Wall Street analysts. These updates are significant for investors considering the future performance of Coinbase (COIN.US).