Wells Fargo Maintains Underweight on Coinbase Global, Raises Price Target to $40

Wells Fargo analyst Jeff Cantwell maintains Coinbase Global (NASDAQ:COIN) with a Underweight and raises the price target from $34 to $40.

Wells Fargo analyst Jeff Cantwell maintains Coinbase Global (NASDAQ:COIN) with a Underweight and raises the price target from $34 to $40.

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Charges stemming from the Racketeer Influenced and Corrupt Organizations (RICO) Act have long been a looming threat in the cannabis industry. Coming from civil, state and federal levels, the charges have been used as a method to stymie cannabis operations, whether just or not.

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