Coinbase Global, Inc. (NASDAQ:COIN) shares fell 1.1% on Monday . The company traded as low as $235.05 and last traded at $239.63. 4,621,592 shares were traded during mid-day trading, a decline of 70% from the average session volume of 15,310,709 shares. The stock had previously closed at $242.36.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on COIN. Keefe, Bruyette & Woods upgraded shares of Coinbase Global from an “underperform” rating to a “market perform” rating and upped their target price for the stock from $93.00 to $160.00 in a report on Friday, February 16th. Piper Sandler raised their price objective on shares of Coinbase Global from $125.00 to $165.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. TheStreet raised shares of Coinbase Global from a “d” rating to a “c-” rating in a report on Friday, February 16th. Mizuho raised…
