U.S. Investment Bank William Blair Above Market Yield Rating Stablecoin Attention to Services
In the U.S. financial sector, Coinbase’s stock price, the largest virtual asset exchange in the U.S., is expected to rise by 70%.
U.S. investment bank William Blair gave cryptocurrency exchange Coinbase an “outperform” rating, predicting that its stock price could rise by about 70%.
William Blair did not offer a specific target price for Coinbase shares on the 11th (local time), but based on the previous day’s closing price of $254.94, a 70% increase could reach about $433.40.
Coinbase shares have risen more than 24% over the past month, with positive developments such as the strong Bitcoin and the incorporation of the S&P 500. However, Coinbase closed at $250.68, down 1.67% from the previous day.
