Coinbase shares are trading higher after Atlantic Equities upgraded the stock from Neutral to Overweight and announced a $70 price target.
Portfolio Pulse from Benzinga Newsdesk
Coinbase shares are trading higher after Atlantic Equities upgraded the stock from Neutral to Overweight and announced a $70 price target.
May 30, 2023 | 12:29 pm
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POSITIVE IMPACT
Atlantic Equities upgraded Coinbase's stock from Neutral to Overweight and set a $70 price target, causing the shares to trade higher.
The upgrade from Atlantic Equities is a positive signal for Coinbase, as it indicates increased confidence in the company's performance. The $70 price target suggests potential upside for the stock, which could attract more investors and drive the share price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100