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Coastal Financial (NASDAQ:CCB) Price Target Cut to $120.00 by Analysts at TD Cowen
TD Cowen has lowered its price target for Coastal Financial (NASDAQ:CCB) from $145.00 to $120.00, while maintaining a “buy” rating, indicating a potential upside of 58.9% from its current share price. This revision follows Coastal Financial’s Q1 earnings report, which missed analyst expectations with $0.78 EPS and $56.3 million revenue. Despite the target cut and mixed analyst coverage, the consensus remains a “Moderate Buy” with an average price target of $133.25.