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31.10.2025 21:46:00
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This Wall Street Analyst Just Upgraded Coinbase to a Buy. Here Are 4 Tailwinds Fueling the Stock.
Coinbase (NASDAQ: COIN) published its third-quarter results after the market closed on Oct. 30, and reported sales and earnings for the period that came in far ahead of the market's expectations. The cryptocurrency-platform leader also issued strong forward guidance.Following the strong Q3 report, the stock has received a wide range of price-target increases from Wall Street analysts. In addition to raising its price target on the stock from $300 per share to $425 per share, H.C. Wainwright also made a rare move with its ranking on the company -- the investment firm raised its rating on the stock from sell to buy.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Nachrichten zu Coinbase
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