crypto exchange stock faces regulatory hurdles, growth potential By Investing.com
Coinbase (NASDAQ:) Global, Inc. (NASDAQ:COIN), the leading cryptocurrency exchange platform, finds itself at a critical juncture as it navigates a rapidly evolving regulatory landscape and seeks to capitalize on growing institutional interest in digital assets. Recent analyst reports paint a mixed picture of the company’s prospects, with price targets ranging from $169 to $345 and ratings spanning from Underweight to Market Outperform.
Business Model and Market Position
Coinbase has established itself as a dominant player in the cryptocurrency ecosystem, offering a range of services including trading, custody, and staking for both retail and institutional clients. The company’s strong brand recognition and user-friendly platform have…
