Goldman Sachs Boosts Coinbase Rating, Lowers eToro—Reasons Explained
Goldman Sachs has raised its rating for Coinbase to 'Buy' and set a new price target, resulting in an 8% surge for COIN stock.
Goldman Sachs has made a significant move in the cryptocurrency market by upgrading its evaluation of Coinbase. On Monday, the investment bank elevated Coinbase's rating from 'Neutral' to 'Buy' and introduced a new price target, prompting an impressive increase of 8% in COIN's stock value.