Coinbase (COIN) Announces Pricing of Upsized Offering of $1.1 Bln of Convertible Senior Notes

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Go back to Coinbase (COIN) Announces Pricing of Upsized Offering of $1.1 Bln of Convertible Senior Notes

Coinbase Global Inc. (COIN) PT Raised to $150 at JPMorgan

March 15, 2024 4:31 AM EDT

JPMorgan analyst Kenneth Worthington raised the price target on Coinbase Global Inc. (NASDAQ: COIN) to $150.00 (from $95.00) while maintaining a Neutral rating.

The analyst comments "We see Ethereum and its native token Ether as a substantial contributor to the cryptocurrency ecosystem, developer of blockchain technology, and driver of Coinbase earnings. With ETH having rallied ~70% YTD surpassing the $4k... More