Posted 1/26/2024, 3:19:22 PM
Coinbase Stock Jumps as Oppenheimer Upgrades to Outperform, Sets $160 Price Target on Strong Crypto Fundamentals
- Coinbase shares surge on upgrade to "Outperform" from Oppenheimer, which sets $160 price target
- Bitcoin rebounds back above $41,000, rising 3% today
- Analyst cites Coinbase having stronger fundamentals than many realize
- Other crypto names like Marathon also trading higher today
- Oppenheimer sees prospects of stronger Coinbase earnings amid improving crypto fundamentals