Citigroup has lowered its price target on Coinbase Global (COIN) to $235 per share from $400, according to a report cited by PANews on July 23 and attributed to Cailianshe. The brief item did not provide additional details on the rationale behind the revision, nor did it mention any change to rating or outlook. The report was presented as market information only. PANews also noted that the content should not be considered investment advice. The update centers specifically on the target price change for Coinbase stock and does not include broader commentary on the company, its business performance, or market conditions beyond what was stated in the source.
Citigroup has cut its price target for Coinbase Global (COIN) to $235 a share from $400, according to a Cailianshe report cited by PANews on July 23.
The source item said the content was provided for market information only and does not constitute investment advice.
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