1 Wall Street Analyst Thinks Coinbase Global Stock Is Going to $240. Is It a Buy?
The crypto exchange's stock is poised to vault higher on a renewed cryptocurrency rally, he believes.Cryptocurrency exchange operator Coinbase Global (COIN 2.54%) is often considered a good proxy for popular digital coins and tokens. So its stock price tends to move largely in concert with prices of those assets. But it can also attract bullish investors on its own when it delivers a blowout quarter, like it did at the beginning of May.Several analysts tracking the stock wasted little time raising their pri ...