Bank of America upgrades Coinbase stock, price target rises to $217
Golden Finance reported that Bank of America said that the current macro backdrop is conducive to cryptocurrency market capitalization growth and trading volume, so it upgraded Coinbase's stock rating from underperform to neutral and raised its target price from $110 to $217. Additionally, Coinbase shares are up 2.5% in pre-market trading today.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Trending news
MoreCrypto prices
More
