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Bernstein cuts Coinbase price target to 250 dollars and raises Circle outlook on prediction market growth, Prediction News reports
- Bernstein cuts Coinbase price target to 250 dollars and raises Circle outlook on prediction market growth, Prediction News reports — Prediction News reports Bernstein lowered Coinbase's price target from 330 dollars to 250 dollars in an October 26 note while raising its outlook for Circle and Robinhood, citing prediction markets and derivatives as key drivers. The note also cited the S and P Dow Jones Indices partnership with Kalshi to expand event contracts and explore indexes using prediction market data. (Prediction News)
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