This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Bernstein analysts have raised Coinbase’s price target by 65%, calling the crypto exchange ‘misunderstood’ and projecting a rise to $510 by 2027. The upgrade follows regulatory tailwinds and Coinbase’s dominant market position.
- Bernstein raised Coinbase's price target by 65% to $510, citing regulatory progress and market strength.
- Coinbase's compliance focus and lack of major hacks position it as a 'crypto safe haven'.
- Strategic deals like Deribit and Base network adoption by JP Morgan bolster growth prospects.
📎 Related coverage from: decrypt.co
Other Tags: COIN, USDC, Bernstein, Gautam Chhugani, JP Morgan, Mahika Sapra, Deribit, Nasdaq, U.S. Government