Coinbase stock ticks up after-hours as Cantor cuts target; earnings and bitcoin in focus this week
Coinbase Global shares rose about 1.3% to $167.25 in late after-hours trading Monday, tracking steady bitcoin prices near $70,267. Cantor Fitzgerald cut its price target on Coinbase to $221 from $277 but kept an overweight rating. Coinbase reports quarterly results Thursday after the close. The stock traded between $159.36 and $168.00 during the session.