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Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge

Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge



In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto exchange’s revenue potential and operational strides toward profitability. Goldman Sachs Shifts Gears: […]



Source: https://news.bitcoin.com/goldman-sachs-reevaluates-coinbase-eyes-neutral-stance-amid-crypto-surge/

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