Coinbase Global Inc. (COIN) PT Lowered to $55 at JPMorgan

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Go back to Coinbase Global Inc. (COIN) PT Lowered to $55 at JPMorgan

Coinbase (COIN) at an 'attractive entry point,' crypto winter is over - H.C. Wainwright

April 26, 2023 11:18 AM EDT

H.C. Wainwright initiated Coinbase (NASDAQ: COIN) with a Buy rating and $75 price target in a note to clients Wednesday, telling investors that the crypto winter is over.

Analyst Mike Colonnese stated that Coinbase has established a robust customer base, with 110M verified and 8.3M active users across 100 countries and "as the dominant crypto exchange in the US and one of the largest in the world,"... More