Why Is Coinbase (COIN) Stock Up Today?
Coinbase (NASDAQ:COIN) stock is a hot topic among crypto enthusiasts on Thursday following a couple of positive changes for COIN shares.The first Coinbase news worth noting today is JPMorgan upgrading the company’s shares from an “underperform” rating to a “neutral” rating. JPMorgan’s analysts point to increasing Bitcoin (BTC-USD) prices and Bitcoin ETF’s strengthening as the reason for the upgrade.To put that new u[grade in perspective, the analysts’ consensus rating for COIN stock is hold based on 22 opin ...