Canaccord Genuity maintained its buy rating on the stock, raising its price target to $240 from $140. The firm cited positive tailwinds for the business and the industry in general.
JMP Securities kept its outperform rating and increased its price target to $220 from $200. It said it was pleased by the exchange’s fourth-quarter performance and even more encouraged by its outlook.
Source: https://www.coindesk.com/markets/2024/02/16/coinbase-analysts-turn-more-bullish-on-crypto-exchange-after-earnings-beat-shares-climb/?utm_medium=referral&utm_source=rss&utm_campaign=headlines