Mizuho raises Coinbase price target to $267 from $217, maintaining "neutral" rating
2025-08-05 22:03:44
Analysts at Mizuho Securities expect Coinbase shares to fall, but not by as much. Based on strong trading volumes in July, analysts raised their price target on Coinbase to $267 from $217. "While trading volumes were less than satisfactory in the quarter, trading volumes rebounded in July and management highlighted the deal, reflecting improved market activity," the analysts wrote in a note on Tuesday, while maintaining a "neutral" rating on the stock. While Mizuho is more optimistic about Coinbase's prospects, its $267 price target is below Tuesday's level. Shares of Coinbase closed at $297.87 in after-hours trading, according to TradingView.
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