CoinInformerCoinInformer
CoinInformer
Get in Touch
Promote With UsEmail Us
Exchange & Security

Benchmark cuts Coinbase price target by 37% but says business is ‘more diversified and durable’ than ever

•1 min read
Benchmark cuts Coinbase price target by 37% but says business is ‘more diversified and durable’ than ever

Benchmark analyst Mark Palmer has reduced the price target for Coinbase (COIN) from $421 to $267, reflecting the challenging conditions in the cryptocurrency market. Despite the downgrade, Palmer maintains a buy rating, highlighting that the company's business model is now "more diversified and durable" than in the past.

Read the full story at The Block →

Source: The Block · Report an issue

You might also like