Commerce Bank decreased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 56.7% in the 3rd quarter, according to the company in its most recent 13F filing
Coinbase Global (NASDAQ:COIN) had its stock outlook raised by several research firms in recent weeks. Here's a summary of the latest changes:
* Needham & Company raised their price objective on Coinbase Global from $290.00 to $375.00 and gave the company a "buy" rating in a research note on Monday, November 18th.
* Bank of America boosted their price target on shares of Coinbase Global from $196.00 to $214.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st.
* HC Wainwright reiterated a "buy" rating and issued a $295.00 price objective on shares of Coinbase Global in a research note on Tuesday, October 29th.
* B. Riley initiated coverage on Coinbase Global in a research note on Wednesday, October 23rd. They set a "neutral" rating and a $185.00 target price for the company.
* Finally, Piper Sandler reaffirmed a "neutral" rating and issued a $245.00 price target on shares of Coinbase Global in a research report on Friday, November 1st.
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.
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