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3 Red Flags for Coinbase

TheMotleyFool

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3 Red Flags for Coinbase: https://g.foolcdn.com/editorial/images/743432/cryptocurrency-image.jpg

(NASDAQ: COIN) has been climbing lately, and second-quarter 2023 results were better than expected. But there were some negatives, which Travis Hoium highlights in the video below.

*Stock prices used were end-of-day prices of Aug. 7, 2023. The video was published on Aug. 9, 2023.

Source Fool.com

Coinbase Global Inc. Stock

We can see a decrease in the price for Coinbase Global Inc.. Compared to yesterday it has lost -€3.600 (-1.610%).
Currently there is a rather positive sentiment for Coinbase Global Inc. with 31 Buy predictions and 16 Sell predictions.
On the other hand, the target price of 161 € is below the current price of 220.2 € for Coinbase Global Inc., so the potential is actually -26.88%.

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