Investment analysts at Wells Fargo released a research note to investors showing that they raised their price target on Coinbase Global (NASDAQ:COIN) from $40.00 to $43.00.
Relevant data show that Coinbase's earnings per share in the first quarter of 2023 will reach $2.46, which is higher than analysts' consensus estimate of $2.39, and it will also generate $629.1 million in revenue. These factors may be the reason why Wells Fargo raised its target price .
Relevant data show that Coinbase's earnings per share in the first quarter of 2023 will reach $2.46, which is higher than analysts' consensus estimate of $2.39, and it will also generate $629.1 million in revenue. These factors may be the reason why Wells Fargo raised its target price .