Coinbase Global (COIN) Receives a Hold from Mizuho Securities

Mizuho Securities analyst Dan Dolev maintained a Hold rating on Coinbase Global (COINResearch Report) today and set a price target of $190.00. The company’s shares closed last Monday at $191.65, close to its 52-week low of $150.12.

According to TipRanks.com, Dolev is a 3-star analyst with an average return of 2.9% and a 53.1% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Robinhood Markets.

Currently, the analyst consensus on Coinbase Global is a Moderate Buy with an average price target of $303.06.

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Coinbase Global’s market cap is currently $42.06B and has a P/E ratio of 12.94.

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Coinbase Global Inc is a provider of end-to-end financial infrastructure and technology for the crypto-economy. It generates substantially all its net revenue from transaction fees from trades that occur on its platform. Geographically, it derives a vast majority of its revenues from the US followed by the rest of the world.

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