Coinbase’s shares drop 5.4% as BofA cuts price target by 14%

Coinbase’s price target has been lowered by BofA as analysts warn of growing competition and fee pressure. BofA Securities has lowered its price target for Coinbase Global Inc. to $311 from $363 while keeping a hold rating on the stock.…

Feb 25, 2025 - 11:00
Coinbase’s shares drop 5.4% as BofA cuts price target by 14%
Coinbase’s price target has been lowered by BofA as analysts warn of growing competition and fee pressure. BofA Securities has lowered its price target for Coinbase Global Inc. to $311 from $363 while keeping a hold rating on the stock.…
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