Coinbase Upgraded by Goldman Sachs As Crypto Prices Surge

• Coinbase upgraded from Sell to Neutral at Goldman Sachs, price target raised from $170 to $282 • Upgrade cites recent surge in crypto prices, especially Bitcoin topping $70,000 • Goldman had Sell rating on Coinbase stock since 2022, captured some downside • Stock has rallied recently, Goldman call comes a bit late • Coinbase stock back above direct listing price for first time in over 2 years