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Benzinga
Benzinga
Business
Shanthi Rexaline

Coinbase Analysts Laud Strong Q4 Performance, But Wary Of Imminent Regulatory Risk And Trading Volume Outlook

Coinbase Global, Inc. (NASDAQ:COIN) reported better-than-expected fourth-quarter results but signaled a slower start to fiscal year 2022. The softer outlook sent the shares of the cryptocurrency exchange lower on Friday.

The Coinbase Analysts: Oppenheimer analyst Owen Lau maintained an Outperform rating on Coinbase shares and reduced the price target from $444 to $377.

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