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Coinbase's Subscription Gains, Deribit Acquisition, Blockchain Revenue Strength Prompt Analyst Support
COINCoinbase(COIN) Benzinga·2025-05-13 01:09

Wall Street analysts rerated Coinbase Global, Inc COIN on Friday after the company reported disappointing first-quarter results on Thursday.Rosenblatt analyst Chris Brendler maintained Coinbase Global with a Buy and a 260 pricetarget.NeedhamanalystJohnTodaroreiteratedCoinbaseGlobalwithaBuyandloweredthepricetargetfrom 260 price target.Needham analyst John Todaro reiterated Coinbase Global with a Buy and lowered the price target from 330 to 270.AlsoRead:RobinhoodStockFallsAfterAnalystsCiteWeakCryptoVolumesAndMarketHeadwindsInQ2OutlookRosenblatt:Revenueof270.Also Read: Robinhood Stock Falls After Analysts Cite Weak Crypto Volumes And Market Headwinds In Q2 OutlookRosenblatt: Revenue of 2.03 billion missed consensus of ...