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Benzinga
Benzinga
Business
Henry Khederian

Coinbase Global Stock Hit A New 52-Week High Today: What's Going On?

COIN Coinbase Coinbase Global Coinbase Global Inc Momentum
Munich,,Germany;,April,1,,2023:,A,Physical,Ethereum,(eth),Coin

Shares of Coinbase Global Inc (NASDAQ:COIN) are surging to a new all-time high on Thursday, bolstered by a bullish analyst revision and positive legislative momentum. Here’s what investors need to know.

What To Know: Rosenblatt analyst Chris Brendler reiterated a Buy rating on the stock while significantly raising his price target to $470 from $300, reflecting growing confidence in the company’s market position.

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