H.C. Wainwright raised the firm’s price target on Coinbase (COIN) to $330 from $255 and keeps a Buy rating on the shares. President Donald Trump’s re-election in early November “proved to be a shot in the arm for the crypto industry,” the analyst tells investors in a research note. The firm expects a Q4 revenue and earnings beat when Coinbase reports tomorrow. It sees see upside to Q4 transaction revenue and total revenue forecasts on “strong tailwinds.”
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