JPMorgan analyst Kenneth Worthington raised the firm’s price target on Coinbase (COIN) to $290 from $252 and keeps an Overweight rating on the shares. The firm updated the company’s model.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- Coinbase (COIN) Stock Rises as Company Cuts 14% of Staff Ahead of Earnings
- Coinbase Announces Major Workforce Reduction and Restructuring Plan
- Coinbase announces restructuring plan
- Coinbase says to cut workforce by 14%, or 700 employees
- Coinbase announces plans to cut workforce by 14%, or 700 employees
