Coinbase (COIN) Stock: $180 Price Target And Overweight Rating

By Amit Chowdhry ● May 13, 2022
  • The shares of Coinbase Global Inc. (NASDAQ: COIN) have received a $180 price target from Piper Sandler. These are the details.

The shares of Coinbase Global Inc. (NASDAQ: COIN) have received a $180 price target from Piper Sandler. And Piper Sandler analyst Richard Repetto is maintaining an “Overweight” rating on the shares.

Repetto adjusted the rating following the company’s first-quarter results. Coinbase reported a Q1 EPS of ($1.98), which was $2.03 lower than analyst estimates of $0.05. And the revenue for the quarter was $1.17 billion compared to the consensus estimate of $1.5 billion.

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