HC Wainwright double-upgrades Coinbase on crypto rally, regulatory momentum By Investing.com
Update: 2025-10-30
Description
HC Wainwright upgrades Coinbase from sell to buy, boosting price target to $425, citing higher crypto prices, potential regulatory improvements, and increased institutional involvement. Expectations for Q3 growth and 2025 revenue of $7.4B, with per-share earnings nearing $5. Risks include crypto price volatility and unresolved regulations.
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