Wall Street Hikes Coinbase Price Targets Amidst Bullish Crypto Momentum
Coinbase Global Inc stock has been trending upwards by 5.19% as Wall Street analysts hike their price targets.
The boost in momentum comes after major banks, including Goldman Sachs and Needham, raised their valuation expectations for the company.
Morgan Stanley also launched coverage on Coinbase with a $250 target, calling it an 'Everything Exchange' in the making.
Coinbase is expanding its product set by slashing trading fees, adding USDC and Coinbase One perks, and pushing stablecoin payments as a core revenue pillar.