Coinbase Stock Price Target Slips on Analyst Estimates
A recent update to analyst estimates has lowered Coinbase Global's stock price target from $215.8 to $202.1, implying around a 24% potential upside for investors.
This change was made by 30 analysts who provided updated forecasts, with predictions ranging from $95 to $330 per share.
The consensus rating remains at 'Buy' across all 39 covering analysts, with 24 recommending a buy, 11 holding a neutral stance, and 4 advising against purchasing the stock.