Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade. Shares of Coinbase (COIN) rose as much as 6% on Friday after investment bank Oppenheimer raised the rating of the stock to “outperform” from “perform” with a price target of $160 per share, arguing that the company is strong and its management team is tough. "The stock was under extreme scrutiny during crypto winter. While many peers went under, COIN is still standing and fighting for its businesses and the industry. We believe the company is stronger than many people realize, and the management team is tougher than most investors think," analyst Owen Lau wrote in a note.
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Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,925.00
▲ +1.10%
ETH
$1,913.70
▲ +0.60%
USDT
$0.99952
▲ +0.00%
BNB
$594.22
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.03
▲ +1.00%
SOL
$74.76
▲ +2.80%
TRX
$0.327223
▲ +0.10%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.38
▼ -2.20%
DOGE
$0.070209
▲ +1.60%
USDS
$0.999895
▲ +0.00%
RAIN
$0.012707
▲ +1.40%
LEO
$9.71
▼ -0.50%
ZEC
$504.75
▲ +0.70%
ADA
$0.199817
▼ -0.70%
XMR
$381.06
▲ +3.20%
WBT
$56.14
▲ +0.90%
LINK
$8.26
▲ +1.00%
XLM
$0.163275
▲ +1.10%
DAI
$0.999766
▲ +0.00%
BCH
$216.74
▲ +1.00%
USD1
$0.999967
▲ +0.00%
USDE
$0.999729
▲ +0.00%
GRAM
$1.35
▲ +1.10%
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,925.00
▲ +1.10%
ETH
$1,913.70
▲ +0.60%
USDT
$0.99952
▲ +0.00%
BNB
$594.22
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.03
▲ +1.00%
SOL
$74.76
▲ +2.80%
TRX
$0.327223
▲ +0.10%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.38
▼ -2.20%
DOGE
$0.070209
▲ +1.60%
USDS
$0.999895
▲ +0.00%
RAIN
$0.012707
▲ +1.40%
LEO
$9.71
▼ -0.50%
ZEC
$504.75
▲ +0.70%
ADA
$0.199817
▼ -0.70%
XMR
$381.06
▲ +3.20%
WBT
$56.14
▲ +0.90%
LINK
$8.26
▲ +1.00%
XLM
$0.163275
▲ +1.10%
DAI
$0.999766
▲ +0.00%
BCH
$216.74
▲ +1.00%
USD1
$0.999967
▲ +0.00%
USDE
$0.999729
▲ +0.00%
GRAM
$1.35
▲ +1.10%
BTC
$64,925.00
▲ +1.10%
ETH
$1,913.70
▲ +0.60%
USDT
$0.99952
▲ +0.00%
BNB
$594.22
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.03
▲ +1.00%
SOL
$74.76
▲ +2.80%
TRX
$0.327223
▲ +0.10%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.38
▼ -2.20%
DOGE
$0.070209
▲ +1.60%
USDS
$0.999895
▲ +0.00%
RAIN
$0.012707
▲ +1.40%
LEO
$9.71
▼ -0.50%
ZEC
$504.75
▲ +0.70%
ADA
$0.199817
▼ -0.70%
XMR
$381.06
▲ +3.20%
WBT
$56.14
▲ +0.90%
LINK
$8.26
▲ +1.00%
XLM
$0.163275
▲ +1.10%
DAI
$0.999766
▲ +0.00%
BCH
$216.74
▲ +1.00%
USD1
$0.999967
▲ +0.00%
USDE
$0.999729
▲ +0.00%
GRAM
$1.35
▲ +1.10%
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$64,925.00
▲ +1.10%
ETH
$1,913.70
▲ +0.60%
USDT
$0.99952
▲ +0.00%
BNB
$594.22
▲ +1.50%
USDC
$0.999738
▲ +0.00%
XRP
$1.03
▲ +1.00%
SOL
$74.76
▲ +2.80%
TRX
$0.327223
▲ +0.10%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.38
▼ -2.20%
DOGE
$0.070209
▲ +1.60%
USDS
$0.999895
▲ +0.00%
RAIN
$0.012707
▲ +1.40%
LEO
$9.71
▼ -0.50%
ZEC
$504.75
▲ +0.70%
ADA
$0.199817
▼ -0.70%
XMR
$381.06
▲ +3.20%
WBT
$56.14
▲ +0.90%
LINK
$8.26
▲ +1.00%
XLM
$0.163275
▲ +1.10%
DAI
$0.999766
▲ +0.00%
BCH
$216.74
▲ +1.00%
USD1
$0.999967
▲ +0.00%
USDE
$0.999729
▲ +0.00%
GRAM
$1.35
▲ +1.10%
