Crypto surge leads to Coinbase upgrade at Goldman Sachs

Yahoo Finance Video
25,537 次觀看・8 個月前

Coinbase (COIN) was upgraded to Neutral from Sell at Goldman Sachs, which also raised its price target on the stock to $282 from $170. The firm cited the recent rise in crypto prices as a reason for the upgrade, citing specifically the surge in bitcoin (BTC-USD), which briefly topped $70,000 on Friday.

Yahoo Finance's Julie Hyman and Josh Lipton discuss the upgrade in the video above. 

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Editor's note: This article was written by Stephanie Mikulich