Bank of America raises its rating on Coinbase stock, raising its price target to $217
2024-05-17 13:15:02
Bank of America said that the current macro backdrop is conducive to cryptocurrency market cap growth and trading volume, so it upgraded Coinbase's stock rating to neutral from underperformance and raised its price target from $110 to $217. In addition, Coinbase shares have risen 2.5% in premarket trading today.
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