Coinbase Analysts Cut Their Forecasts After Weak Q2 Results
Coinbase (COIN) reported Q2 financial results, with a 19% year-over-year decrease in revenue. Analysts have adjusted their price targets accordingly.
Coinbase made less money this quarter than last year, so people who study stocks are lowering their guesses about what the company might be worth. When experts change their minds like this, it's worth noticing what happened to the business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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