Coinbase stock holds $163 support before Q2 earnings
Coinbase stock traded near $164 on Wednesday as investors weighed weak Q2 revenue expectations against Rosenblatt’s $240 price target and growth in newer business lines. Summary COIN fell 2.07% to $164.43, remaining close to its 20-day and 50-day moving averages. Analysts expect Q2 revenue of $1.31 billion, down 12.8% from a year earlier. Rosenblatt maintained…
