Goldman Sachs Raises Coinbase Price Target to $196 Amid Market Upswing

Goldman Sachs has raised its price target for Coinbase (COIN) to $196, citing further upside in the digital-asset market. The investment bank maintained a buy rating on Coinbase, stating that newer businesses such as derivatives and prediction markets are expanding.

Canaccord has also lifted its strategy target for Strategy (MSTR) to $175 from $130. The firm said the investment backdrop for Strategy has improved significantly in recent weeks.