JMP Securities Maintains Market Outperform on Coinbase Glb, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan has maintained a 'Market Outperform' rating on Coinbase Global (NASDAQ:COIN) and increased the price target from $107 to $200.
December 22, 2023 | 3:15 pm
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JMP Securities analyst has reiterated a 'Market Outperform' rating on Coinbase Global and raised the price target to $200, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a strong confidence in Coinbase Global's future performance. This positive analyst rating can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100