Coinbase Global Price Target Lowered by President Capital

Coinbase Global (NASDAQ: COIN) has been subject to various changes in price targets from different analyst firms. In a recent report, President Capital lowered its price target for the cryptocurrency exchange's stock from $472.00 to $236.00. This suggests that the analysts at President Capital believe there is still potential for growth in Coinbase Global's share price.

President Capital currently has a 'buy' rating on Coinbase Global's stock and has set a price objective that could result in a 28.30% increase from the company's previous close. However, this change is not unique to President Capital, as several other analyst firms have made adjustments to their price targets for Coinbase Global in recent weeks.