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Bernstein Raises Coinbase Stock Price Target Significantly to $510
Summary: According to reports, Bernstein has significantly raised the target price for Coinbase from $310 to $510, while reiterating an outperform rating on the stock. The brokerage firm stated that the exchange is the only cryptocurrency native company in the S&P 500 index, and despite facing competition pressure, it continues to dominate U.S. trading. Coinbase is ...
According to reports, Bernstein has significantly raised the target price for Coinbase from $310 to $510, while reiterating an outperform rating on the stock. The brokerage firm stated that the exchange is the only cryptocurrency native company in the S&P 500 index, and despite facing competition pressure, it continues to dominate U.S. trading. Coinbase is consolidating its position as a cryptocurrency powerhouse bank. (CoinDesk)
