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 link
Trending
- A19 southbound between A181 and A179 | Southbound | Congestion
- NASA unveils Artemis III astronauts to test technology for a future moon landing
- Why Summer Tech is Getting Smaller, Softer, and Faster – Hollywood Life
- How Justin Ernest invested nearly $400M into hot startups without a traditional VC fund
- Keller Williams Arizona Living Realty Announces Strategic Partnership to Accelerate Growth and Innovation Across Mohave County
- Anti-immigration protest outside Crawley police station
- Meta Confirmed About 20,000 Instagram Accounts May Have Been Hacked
- GM joins race to build batteries for AI data centers and the grid
Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge
By bibhuti
