Coinbase Stock Rises on Analyst Optimism, Congressional Work on Pro-Crypto Bills
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Shares of Coinbase have surged nearly 60% so far in 2025.
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Oppenheimer analysts lifted their price target for cryptocurrency exchange operator Coinbase stock on Sunday.
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The exchange is positioned to benefit from the widespread adoption of digital assets, the brokerage firm said.
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Congress is preparing to discuss three crypto-friendly bills this week that could increase the use of digital assets.
Shares of Coinbase Global rose Monday as bitcoin hovered near highs and Congress prepared to take on a number of cryptocurrency matters in the coming days.
Coinbase (COIN) shares were recently up about 2%. Oppenheimer analysts raised their price target for the crypto…
