Goldman Sachs Turns Bullish on Coinbase, Flags Shift to Structural Growth

Goldman Sachs has upgraded Coinbase Global to a “buy” rating from “neutral,” arguing that the company has moved beyond cyclical trading-driven performance and into a phase of more durable, structural growth. The investment bank also raised its 12-month price target to $303 per share, up from $294, implying around 28% upside from Friday’s close. source: https://www.ethnews.com/goldman-sachs-turns-bullish-on-coinbase-flags-shift-to-structural-growth/