Benchmark cuts Coinbase price target by 37% but says business is 'more diversified and durable' than ever

• Benchmark’s Mark Palmer cut his COIN price target to $267 from $421, citing worsening crypto market conditions, while reiterating a buy rating.

Article Summaries:

• Benchmark’s Mark Palmer cut his COIN price target to $267 from $421, citing worsening crypto market conditions, while reiterating a buy rating.

Sources:

• https://www.theblock.co/post/389964/benchmark-cuts-coinbase-price-target-by-37-but-says-business-is-more-diversified-and-durable-than-ever?utm_source=rss&utm_medium=rss