On October 3rd, investment bank Rothschild & Co. has upgraded the stock rating of cryptocurrency exchange Coinbase (COIN) from "neutral" to "buy" and raised its price target to $320.
In the report, Rothschild pointed out that the main reason for the upgrade is the optimistic growth of the application and adoption of cryptocurrencies in the traditional financial sector. Analysts believe that as a regulated industry leader, Coinbase will be the main beneficiary of this trend as institutional demand increases and trends such as tokenization develop.
Rothschild upgrades Coinbase rating to "buy", target price rises to $320
2025-10-03 11:18:21
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