Coinbase Stock: What Are Analysts Predicting?
Median Price Forecast Shows 876% Upside
Analysts are bullish on the future of Coinbase stock, with the median price forecast suggesting an 876% upside from the current share price. Of the 99 analysts offering price forecasts, 17 have 12-month price targets, with an average target of $200 per share.
JMP Securities Raises Target to $200
Investment bank JMP Securities has raised its 12-month price target for Coinbase from $107 to $200, citing the company's strong growth prospects in the crypto industry.
Analysts Optimistic Despite Recent Volatility
Despite recent volatility in the crypto market, analysts remain optimistic about Coinbase, citing its leading position in the cryptocurrency exchange space and its ability to attract new users.
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