Coinbase (COIN) stock barely moves after BofA upgrade as CEO share sale filing hits
Coinbase shares slipped 0.1% to $245.59 in after-hours trading Thursday, despite a Bank of America upgrade to “buy” with a $340 price target. CEO Brian Armstrong sold 40,000 shares last week under a pre-set plan, leaving him with no direct Class A holdings. Barclays cut its price target to $258. Coinbase has launched zero-commission stock trading and prediction markets in the U.S.