Citi Slashes Coinbase Target 41% — And Keeps Its Buy Rating

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Coinbase (COIN) stock heads into second-quarter earnings today after the close under a warning from one of its biggest backers. Citigroup still rates the stock a buy. Even so, it cut its Coinbase price target from $400 to $235 on July 24, a 41% reduction that landed days before the report. Citi Keeps Its Buy The post Citi Slashes Coinbase Target 41% — And Keeps Its Buy Rating appeared first on BeInCrypto.