Wall Street Bullish On Coinbase Stock Projects 100 Upside For Coin In The Next 12 Months
Dan Dolev, an analyst at Mizuho, recently set a $150 price objective on April 12 for Coinbase with a “Neutral” rating on the stock. The analyst revised the rating after analysing significant cryptocurrency exchanges, which revealed that Coinbase may be losing market share. Dolev is concerned about imminent retail price pressure and the long-term viability of Coinbase’s business model as a result of the quick emergence of competitors such as Crypto....