Canaccord Genuity Reinstates Buy on Coinbase Glb, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Joseph Vafi reinstated a Buy rating on Coinbase Global (NASDAQ:COIN) and maintained a $70 price target.
June 07, 2023 | 2:31 pm
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Canaccord Genuity analyst Joseph Vafi reinstated a Buy rating on Coinbase Global (NASDAQ:COIN) and maintained a $70 price target.
The reinstatement of the Buy rating by Canaccord Genuity analyst Joseph Vafi is a positive signal for Coinbase Global. The maintained $70 price target indicates a bullish outlook on the stock, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100