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Crypto

Harte Lowers Coinbase Target Price to $240 Amid Buy Rating

Guavy AI Editorial Team
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BTIG analyst Andrew Harte has maintained his buy rating for Coinbase (COIN.US) but adjusted its target price to $240 from $260. According to TipRanks data, Harte has a success rate of 33.5% and an average return of -1.5% over the past year.

Harte's updated target price suggests a decrease in his confidence in Coinbase's future performance. Despite this, he still recommends buying the stock, which could be a positive sign for investors looking to get involved with Coinbase.

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