JMP Securities Reiterates Market Outperform on Coinbase Glb, Maintains $320 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan has reiterated a Market Outperform rating for Coinbase Global (NASDAQ:COIN) and maintained a price target of $320.
October 09, 2024 | 6:04 pm
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POSITIVE IMPACT
JMP Securities has reiterated its Market Outperform rating for Coinbase Global, maintaining a price target of $320. This suggests confidence in COIN's potential for growth.
The reiteration of a Market Outperform rating and a high price target of $320 by JMP Securities indicates strong confidence in Coinbase's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in COIN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100