- The shares of Coinbase (COIN) recently received a $90 price target from DA Davidson. These are the details.
The shares of Coinbase (COIN) recently received a $90 price target from DA Davidson. And DA Davidson analyst Christopher Brendler is maintaining a “Buy” rating on the shares.
Brendler noted that this price target reflects falling trading volumes and the company should be able to navigate near-term challenges and emerge stronger when the next rally comes. And the crypto winter this year should ultimately work to Coinbase’s advantage.
Plus Brendler pointed out that the stock offers plenty of cash amid overblown pricing fears.
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