H.C. Wainwright Turns Bullish on Coinbase, Double Upgrades Stock to "Buy" Ahead of Earnings

preview image

Investment bank H.C. Wainwrigh t has significantly boosted its outlook on Coinbase (COIN), issuing a double upgrade to "Buy" from "Sell" and setting a new price target of $425, up from $300. This optimistic shift comes just before Coinbase's third-quarter earnings report, with analysts citing a bullish outlook for cryptocurrency prices, increasing institutional demand, and favorable regulatory momentum as key drivers.

Read more

Comments

Post a Comment

Popular posts from this blog

Agentic Finance Poised to Disrupt Wall Street's Monopoly, Opinion Piece Argues

Image
An opinion piece published on crypto.news suggests that the rise of " agentic finance " could fundamentally disrupt and dismantle the long-standing monopoly held by Wall Street institutions. The author posits that autonomous, on-chain financial systems are rapidly evolving to manage capital, mitigate risk, and execute complex strategies, potentially rendering traditional asset managers like BlackRock obsolete. Read more
Read more