Coinbase Stock Price Surges 8%, CEO Brian Armstrong Highlights 8 Key Advantages
Coinbase stock price surges almost 8% as Goldman Sachs upgraded COIN from neutral to buy amid a Bitcoin uptrend. This follows CEO Brian Armstrong promoting Coinbase as a unified platform offering stock trading and benefits over traditional brokerages.
Goldman Sachs Sets Coinbase Stock Price Target at $303
Goldman Sachs upgraded Coinbase stock (NASDAQ: COIN) to a ‘buy’ rating amid the crypto exchange’s growing infrastructure business and new product launches. The upgrade centers on Coinbase’s expansion beyond crypto trading.
Analyst James Yaro raised the 12-month price target from $294 to $303 per share. This reflects nearly 34% upside from recent lows of about $225.
Goldman described its outlook as “selective optimism”…
