Wall Street analysts slash Coinbase price targets after Q4 miss — but shares rally
Wall Street analysts have reduced their price targets for Coinbase following the company's disappointing Q4 earnings report. Despite the negative outlook from analysts, Coinbase's shares experienced a rally, increasing by approximately 10% after the earnings announcement. Analysts cited concerns over the company's performance and market conditions, but some investors remained optimistic about its long-term potential. The mixed reactions highlight the volatility and uncertainty in the cryptocurrency market.
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