Goldman Sachs Lowers Coinbase (COIN) PT to $314 as Crypto Stocks See Recent Decline

Coinbase Global Inc. (NASDAQ:COIN) is one of the most profitable large cap stocks to buy right now. On November 21, Goldman Sachs lowered the firm’s price target on Coinbase to $314 from $368 with a Neutral rating on the shares. According to the firm, shares of brokers and crypto-related stocks have collectively fallen by ~15% since mid-October. This decline occurred despite the companies having higher forward earnings estimates. Goldman Sachs believes that this near-term pressure will continue until mark ...