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Coinbase Global Stock Maintains 'Outperform' Rating Despite Quarterly Loss

Guavy AI Editorial Team
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Coinbase Global's stock maintains an 'outperform' rating from Keefe, Bruyette & Woods. The firm currently has a price target of $237 for the cryptocurrency exchange's stock.

This would suggest a potential upside of 22.15% from Coinbase Global's previous close of $194.03.

The report is just one of several recent developments for the company, including its partnership with Citi to expand stablecoin opportunities and a price target increase by Baird to $205.

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