Rosenblatt raised the firm’s price target on Coinbase (COIN) to $470 from $450 and keeps a Buy rating on the shares. “Strong” Q3 results support the firm’s bullish views as rapid product expansion amid secular tailwinds add material upside, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- Video: Apple, Amazon fuel market rebound
- Coinbase price target lowered to $459 from $500 at Cantor Fitzgerald
- Coinbase price target lowered to $399 from $404 at JPMorgan
- Coinbase price target raised to $415 from $406 at Clear Street
- Coinbase Global’s Strong Q3 Performance and Strategic Expansion Justify Buy Rating
