Coinbase’s shares drop 5.4% as BofA cuts price target by 14%

coinbase’s-shares-drop-5.4%-as-bofa-cuts-price-target-by-14%
Coinbase’s shares drop 5.4% as BofA cuts price target by 14%

Coinbase’s price target has been lowered by BofA as analysts warn of growing competition and fee pressure. BofA Securities has lowered its price target for Coinbase Global Inc. to $311 from $363 while keeping a hold rating on the stock.…

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