Coinbase Global Inc. (COIN) PT Lowered to $394 at JMP Securities

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Raymond James Pessimistic on Coinbase (COIN) Into Earnings on Softer Transaction Volumes

April 11, 2022 9:24 AM EDT

Raymond James analyst Patrick O'Shaughnessy reiterated an Underperform rating on Coinbase (NASDAQ: COIN) ahead of Q1 results.

The analyst expects to see year-on-year (YoY) volume declines for the company for the first time as a public company amid difficult comps.

Longer term, we... More