Coinbase price target lowered to $400 from $440 at Citizens

Citizens lowered the firm’s price target on Coinbase (COIN) to $400 from $440 and keeps an Outperform rating on the shares. Coinbase delivered a difficult Q4, with weakness extending into early 2026, though a few bright spots emerged amid broader crypto market softness, the analyst tells investors in a research note. Despite limited near-term catalysts, the long-term thesis remains intact, with the industry viewed as navigating a transitory period rather than a structural downturn, Citizens says.