JP Morgan Maintains Neutral on Coinbase Glb, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Coinbase Global (COIN) and raises the price target from $95 to $150.
March 15, 2024 | 11:21 am
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JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Coinbase Global but raises the price target from $95 to $150.
The increase in the price target from $95 to $150 by a prominent analyst at JP Morgan is a positive signal for investors, indicating a potential upside in the stock's value. Although the rating remains Neutral, the significant raise in the price target could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100