The stock traded as high as $215.60 and last traded at $215.60. Approximately 3,233,342 shares traded hands during trading, a decline of 69% from the average daily volume of 10,372,885 shares.
Coinbase (NASDAQ:COIN) shares rose on Tuesday despite a 69% decline in trading volume from the average daily volume over the past 3 months. Several research firms have recently commented on COIN. Here's what they had to say.
Several research firms have recently commented on Coinbase Global (NASDAQ:COIN). Here's what they had to say.
Citigroup upgraded shares of Coinbase Global from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $260.00 to $345.00 in a research note on Tuesday, July 23rd.
Canaccord Genuity Group restated a "buy" rating and set a $280.00 target price on shares of Coinbase Global in a research report on Friday, August 2nd.
Bank of America dropped their price target on shares of Coinbase Global from $263.00 to $246.00 and set a "neutral" rating for the company in a research report on Friday, August 2nd.
Needham & Company LLC restated a "buy" rating and set a $260.00 price objective on shares of Coinbase Global in a research note on Monday, August 5th.
Compass Point decreased their target price on Coinbase Global from $325.00 to $295.00 and set a "buy" rating on the stock in a research report on Tuesday, August 6th.
One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Coinbase Global currently has an average rating of "Hold" and an average price target of $246.44.
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