Canaccord Genuity Maintains Buy on Coinbase Glb, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Coinbase Global (COIN) and raises the price target from $240 to $280.
May 03, 2024 | 12:07 pm
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Canaccord Genuity raises Coinbase Global's price target from $240 to $280, maintaining a Buy rating.
The increase in price target by a reputable analyst firm like Canaccord Genuity typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
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