Coinbase reported first-quarter revenue of $2.03 billion, missing the $2.12 billion Street estimate, but up from $1.64 ...

JPMorgan lowered its price target on Coinbase to $215 from $276 and kept a ‘Neutral’ rating on the shares, as per TheFly.

The crypto exchange's broadening product suite and dominant U.S. market position set it up well for the long term, many analysts said.