Coinbase shares near two-year high as ETF euphoria boosts trading volume

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CFRA raises Coinbase (COIN) as stock benefits from recent crypto enthusiasm

February 16, 2024 12:54 PM EST

CFRA analyst Michael Elliott raised shares of Coinbase (NASDAQ: COIN) to Hold from Buy in a note Friday, lifting the price target for the stock to $177 per share.

The analyst cited the cryptocurrency exchange's earnings beat for the upgrade.

The analyst... More