Wedbush Maintains Outperform on Coinbase Glb, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Moshe Katri has maintained an Outperform rating on Coinbase Global (COIN) and increased the price target from $200 to $250.

May 03, 2024 | 2:35 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wedbush analyst Moshe Katri reaffirms Outperform rating on Coinbase Global and raises price target to $250.
The increase in price target by a reputable analyst like Moshe Katri suggests a strong bullish sentiment towards Coinbase Global. This adjustment reflects positive expectations for the company's performance, likely driven by favorable market conditions, strategic initiatives, or financial results. Such endorsements can significantly influence investor perception and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100