DBS Analyst Initiates Hold Rating on Coinbase with $200 Target Price

DBS analyst Manyi Lu has initiated coverage on Coinbase (COIN.US) with a hold rating, according to recent reports.

The target price set by the analyst is $200. This comes from TipRanks data, which also reveals that Manyi Lu has a success rate of 78.4% and a total average return of 19.8% over the past year.

It's worth noting that these figures are based on the analyst's recommendations and the performance of TipRanks' virtual portfolio, rather than actual investment results.