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The Zhitong Finance App learned that the stock price of Coinbase (COIN.US) hit a 52-week high intraday high on Wednesday, and the Bernstein analyst team positioned it as a “one-stop Amazon” in the field of crypto finance. By the close of the day, the stock had risen more than 3%, and was only one step away from the historic closing price of $357.39 set on November 9, 2021. This stock price change stemmed from Bernstein's sharp increase in the target price. Analyst Gautam Chhugani's team directly raised the rating to “outperform the market”, drastically raised the target price from $310 to $510, and emphasized that “Coinbase is the most underrated target in the crypto industry.”

Zhitongcaijing·06/26/2025 05:57:04
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The Zhitong Finance App learned that the stock price of Coinbase (COIN.US) hit a 52-week high intraday high on Wednesday, and the Bernstein analyst team positioned it as a “one-stop Amazon” in the field of crypto finance. By the close of the day, the stock had risen more than 3%, and was only one step away from the historic closing price of $357.39 set on November 9, 2021. This stock price change stemmed from Bernstein's sharp increase in the target price. Analyst Gautam Chhugani's team directly raised the rating to “outperform the market”, drastically raised the target price from $310 to $510, and emphasized that “Coinbase is the most underrated target in the crypto industry.”