Coinbase (COIN) Stock Sinks as Wall Street Slashes Targets Before Earnings Thursday

TLDR JPMorgan slashed Coinbase price target 27% to $290 ahead of Q4 earnings Thursday, citing weak crypto volumes and USDC slowdown Stock has crashed over 50% since bitcoin’s October high, losing 27% year-to-date as crypto market tumbles Analysts project Q4 EBITDA drop to $734M from $801M with subscription revenue missing $710M-$790M guidance range CFO Alesia [...]

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