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Bank of America Upgrades Coinbase to 'Buy' on Base Prospects, Tokenization Tailwinds
Yahoo Finance· 2026-01-08 16:47
Bank of America analysts upgraded Coinbase to “Buy” from “Neutral” on Thursday, describing the exchange as a leader in tokenization that stands to benefit from its own blockchain network. Without changing their price target of $340 per share, the bank’s analysts wrote in a note that the exchange’s outlook improved following its debut of several products last month. Stock trading and predication markets are among those that could broaden revenue, they wrote. Still, as asset managers grow increasingly intere ...