- The shares of Coinbase Global Inc (NASDAQ: COIN) have received a price target increase from $434 to $444 from Oppenheimer. These are the details.
The shares of Coinbase Global Inc (NASDAQ: COIN) have received a price target increase from $434 to $444 from Oppenheimer. And Oppenheimer analyst Owen Lau is maintaining an “Outperform” rating on the company shares.
Lau believes that after a record first quarter, Coinbase will likely deliver again in the second quarter. And Lau noted that based on his tracker and analysis, Coinbase will post another record quarter based on trading volume, revenue, verified users, and MTU. Going forward, he believes that management will continue see strategically increasing contributions from recurring revenue and alt coins.
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