JMP Securities Maintains Market Outperform on Coinbase Glb, Raises Price Target to $220
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 $200 to $220.
February 16, 2024 | 7:39 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JMP Securities has maintained a Market Outperform rating on Coinbase Global and raised the price target from $200 to $220.
The increase in the price target by JMP Securities suggests a positive outlook on Coinbase Global's future performance. This endorsement from a reputable analyst firm could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100