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Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg

The investment bank cut its price target on the stock to $39 from $55.

Updated Jun 8, 2023, 3:50 p.m. Published Jun 8, 2023, 2:57 p.m.
Coinbase Chief Legal Officer Paul Grewal. (Shutterstock/CoinDesk)
Coinbase Chief Legal Officer Paul Grewal. (Shutterstock/CoinDesk)