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Benchmark joins others in reiterating Buy rating on Coinbase stock despite lackluster Q1 earnings

The Block·
Benchmark joins others in reiterating Buy rating on Coinbase stock despite lackluster Q1 earnings
AI Analysis

Benchmark analysts have maintained a Buy rating on Coinbase's stock, increasing the price target from $260 to $270 despite disappointing Q1 earnings. This suggests confidence in Coinbase's long-term potential amidst current challenges in the crypto market.

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Originally reported by The Block. Read the full article ↗

Benchmark joins others in reiterating Buy rating on Coinbase stock despite lackluster Q1 earnings | AI Crypto Daily Wire