Coinbase shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $110 to $217.
Portfolio Pulse from Benzinga Newsdesk
Coinbase shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $110 to $217.
May 17, 2024 | 4:53 pm
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Coinbase shares are trading higher following an upgrade from B of A Securities, which raised the stock rating from Underperform to Neutral and increased the price target from $110 to $217.
The upgrade from B of A Securities and the significant increase in the price target are likely to boost investor confidence and drive short-term price appreciation for Coinbase shares.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100