Goldman Sachs Upgrades Coinbase (COIN) to 'Buy' Rating After Price Target
According to reports, Goldman Sachs has upgraded Coinbase from "Neutral" to "Buy." The financial institution also issued a new price target for the exchange. Following the announcement, COIN experienced a notable increase, jumping 8%. The upgrade suggests a more positive outlook from Goldman Sachs on Coinbase's future performance. This development reflects ongoing analysis and reevaluation of companies within the cryptocurrency exchange sector by major financial players.
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