Coinbase (COIN) February weekly 172.5 straddle priced for a move of +/- 13% into quarter results

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Coinbase Global Inc. (COIN) PT Lowered to $296 at JPMorgan, 'We continue to recommend Coinbase'

February 25, 2022 4:27 AM EST

JPMorgan analyst Kenneth Worthington lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $296.00 (from $345.00) while maintaining a Overweight rating.

The analyst comments "We rate Coinbase Overweight. We see Coinbase as both a leading driver and beneficiary of the cryptocurrency... More