Coinbase Analyst Sentiment Growing Increasingly Bullish With Average 36% Upside Forecast
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20 analysts have published recent ratings on Coinbase Global (COIN), with sentiments becoming more bullish over the past 30 days. Price targets average $153.40, reflecting a 36% increase.
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Several analysts have raised their ratings and price targets on COIN in response to improved market conditions and company performance.
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COIN boasts strong financials, including a 51.61% revenue growth rate, 28.66% net margin, and 4.48% return on equity as of December 2023.
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Founded in 2012, Coinbase is the leading US cryptocurrency exchange seeking to be the safe, compliant gateway for retail and institutional crypto investors.
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Analyst ratings provide valuable perspectives on stocks, assessing qualitative factors and providing earnings, growth and price target estimates.