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Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Strong | DeFi & Ethereum News

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'

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.

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