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Coinbase Global Inc. (COIN) PT Lowered to $105 at Citi, Opens 90-Day Upside Catalyst Watch

August 4, 2022 9:18 AM EDT

Citi analyst Peter Christiansen lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $105.00 (from $115.00) while maintaining a Buy rating.

The analyst comments "We are not expecting Coinbase to post favorable 2Q results. Along with a ~60% QoQ decline in crypto prices and... More