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Benchmark joins others in reiterating Buy rating on Coinbase stock despite lackluster Q1 earnings

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The Block Editorial
(08:56 PM UTC)
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Verified bySarah Chen
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Despite a rather lackluster first-quarter earnings report, Benchmark equities analysts have reiterated their Buy rating for Coinbase's stock, raising their price target to $270 from $260, in a research report on Tuesday.

Coinbase (COIN) is beginning to deliver on its promise of becoming the so-called "Everything Exchange," evolving from a market-dependent crypto exchange into a core…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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