PANews|Oct 03, 2025 11:14
[Rothschild Upgrades Coinbase Rating to 'Buy,' Raises Price Target to $320]
According to CNBC, investment bank Rothschild & Co. has upgraded the stock rating of cryptocurrency exchange Coinbase (COIN) from 'Neutral' to 'Buy' and raised its price target to $320.
Rothschild stated in its report that the primary reason for the rating upgrade is its optimism about the accelerating growth of cryptocurrency adoption and application within the traditional financial sector. Analysts believe that with increasing institutional demand and the development of trends such as tokenization, Coinbase, as a regulated industry leader, will be a major beneficiary of this trend.
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