Coinbase Stock Has 25% Upside, According to 1 Wall Street Analyst
Coinbase(US:COIN) The Motley Foolยท2024-04-10 06:00The cryptocurrency stock has surged this year.Analysts at JMP Securities firmed up their view of cryptocurrency exchange Coinbase (COIN -5.46%) on Tuesday, noting now there is less room for error for the company. Nevertheless, JMP Securities maintained its "outperform" rating and boosted its price target to $320. That new price target represents potential upside of 25% from the stock's Apr. 8 closing price.Riding Bitcoin higherShares of Coinbase have surged this year as Bitcoin has rallied nearly 70% so far ...