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Needham Cuts Coinbase (COIN) Price Target as Bitcoin Trading Volatility Looms
Yahoo Finance· 2026-02-28 03:58
Coinbase Global Inc. (NASDAQ:COIN) ranks among the best stocks to buy now for long-term growth. On February 13, Needham reduced its price target for Coinbase Global Inc. (NASDAQ:COIN) from $290 to $230 while retaining a Buy rating on the company’s shares. The drop follows Coinbase’s most recent quarterly results, which were in line with the market’s expectations. Source: Unsplash Needham expressed concern about bitcoin trading volatility in the first quarter of 2026, as well as management’s efforts to k ...