HC Wainwright & Co. Maintains Buy on Coinbase Glb, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating on Coinbase Global (COIN) and raises the price target from $115 to $250.
February 16, 2024 | 6:08 pm
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POSITIVE IMPACT
Coinbase Global's price target was raised from $115 to $250 by HC Wainwright & Co., maintaining a Buy rating.
The significant increase in the price target by a reputable analyst firm like HC Wainwright & Co. is likely to instill confidence among investors and could lead to a short-term positive impact on COIN's stock price. The maintenance of a Buy rating further emphasizes the firm's positive outlook on Coinbase Global.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100