Coinbase stock dips after Needham cuts target to $290 on weak crypto volumes
Coinbase shares slipped 0.1% to $233.47 after Needham cut its price target to $290, citing weak crypto trading volumes. Bitcoin rose 1.5% to $88,873, while ether gained nearly 1.9%. Needham kept a buy rating but warned retail trading remains muted. Crypto-linked stocks traded mixed in thin year-end markets.