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Coinbase Rated Underperform in New Coverage on Lack of ‘Crypto Innovation’

Autonomous Research gave COIN a $160 price target in contrast to the much more bullish estimates from other firms.

Updated May 11, 2023, 5:46 p.m. Published Oct 13, 2021, 8:04 p.m.
Coinbase signage in New York on the day of the crypto exchange's direct listing debut. (Robert Nickelsberg/Getty Images)
Coinbase signage in New York on the day of the crypto exchange's direct listing debut. (Robert Nickelsberg/Getty Images)