Bernstein maintains a "Outperform" rating on Coinbase (COIN) with a target price of $440, citing its optimistic long-term outlook, expected to experience a tokenization supercycle by 2026, and believing that the cryptocurrency market has bottomed out. Similarly, Rosenblatt maintains a "Buy" rating on Coinbase with a target price of $325, optimistic about Coinbase expanding from the highly volatile trading sector into stocks and stablecoins. Previously, Goldman Sachs also upgraded its rating on Coinbase to a target price of $303, praising Coinbase's recent product launches as competitive.
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Bernstein maintains a "Outperform" rating on Coinbase (COIN) with a target price of $440, citing its optimistic long-term outlook, expected to experience a tokenization supercycle by 2026, and believing that the cryptocurrency market has bottomed out. Similarly, Rosenblatt maintains a "Buy" rating on Coinbase with a target price of $325, optimistic about Coinbase expanding from the highly volatile trading sector into stocks and stablecoins. Previously, Goldman Sachs also upgraded its rating on Coinbase to a target price of $303, praising Coinbase's recent product launches as competitive.