H.C. Wainwright has recently adopted a positive outlook on the cryptocurrency exchange platform Coinbase, significantly enhancing its assessment of the company's stock. The firm has executed a double upgrade, elevating its rating for Coinbase from a previous classification to a "Buy" rating. Alongside this upgrade, H.C. Wainwright has established a target price of $425 for the stock, signaling strong confidence in the company's growth potential and future performance in the competitive cryptocurrency market.
source: https://www.coindesk.com/markets/2025/10/31/h-c-wainwright-turns-bullish-on-coinbase-double-upgrades-to-buy-with-usd425-target