[Tiger Brokers Upgrades Coinbase Rating to 'Buy,' Target Price $200] BlockBeats News, July 8, Tiger Brokers upgraded Coinbase's rating from 'Hold' to 'Buy' and set a target price of $200. The firm stated that after the significant pullback, the risk-reward ratio has improved, and the toughest phase of Bitcoin's bear market may be over. A new cycle in the crypto market is expected to begin, driven by a recovery in liquidity, growing institutional demand, and improved risk appetite.