Coinbase stock slides despite Cantor’s $277 call — here’s what’s next for COIN shares
Coinbase Global shares dropped roughly 1.9% to $209.45 Tuesday afternoon despite Cantor Fitzgerald kicking off coverage with an Overweight rating and a $277 price target. Analyst Ramsey El-Assal dubbed Coinbase an “Everything Exchange,” saying the firm is moving beyond basic spot crypto trading.