Bearish
Coinbase (COIN) stock drops 4.87% to $172.89 amid analyst downgrades.
In the past 24 hours, Coinbase's stock declined by 4.87% to $172.89, influenced by recent analyst downgrades. Citizens reduced its price target from $325 to $280, citing valuation concerns. Similarly, Baird lowered its target from $200 to $160, highlighting weak trading volumes.
Key points
- Citizens cuts Coinbase price target to $280 due to valuation concerns.
- Baird lowers price target to $160, citing weak trading volumes.
Sources
AI-generated from public news sources. Not financial advice.
