JPMorgan Upgrades Coinbase (COIN) to Overweight with $404 PT
Coinbase Global Inc. (NASDAQ:COIN) is one of the best up and coming stocks to buy right now. On October 24, JPMorgan analyst Kenneth Worthington upgraded Coinbase to Overweight from Neutral with a price target of $404, up from $342. The firm believes that Coinbase stock trades at a compelling valuation versus rivals. The expected exploration of a Base token to boost growth on the Base blockchain and further expansion of its USD Coin payouts are catalysts for the company. JPMorgan Upgrades Coinbase (COIN) ...