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Coinbase Upgraded by Compass Point: Neutral Rating With $177 Price Target

Guavy AI Editorial Team
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Coinbase Global has received an upgrade in rating from Compass Point, which now views the company as a 'neutral' investment opportunity. This change comes after Compass Point adjusted their price target for Coinbase Global to $177 per share from its previous estimate of $130.

The upgrade and new price target were announced as part of Compass Point's Featured Tech Stocks selection, which highlights leading technology companies with strong market presence and notable innovation and profitability.

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