Upgrades

Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217

Leave a Comment / America, Upgrades / azlan90

Last updated: May 17, 2024 17:30 EDT | 2 min read Bank of America (BAC) upgraded its rating on Coinbase (COIN) shares from underperform to neutral on Friday and raised its price target for Coinbase to $217 from $110, reflecting a positive outlook for the cryptocurrency exchange. Following the announcement, the COIN price rose 2.5% in […]

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JPMorgan Upgrades COIN To Neutral Due To Crypto Market Rally

2 Comments / JPMorgan, Upgrades / Nisha

JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market rally to kick off the year. In a research report shared with CryptoPotato, the bank’s analysts argued that Bitcoin has experienced “meaningful price appreciation” after the launch of Bitcoin spot ETFs last month. JPMorgan’s Revised Coinbase

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