![Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge – Bitcoin News Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge – Bitcoin News](https://i0.wp.com/static.news.bitcoin.com/wp-content/uploads/2024/03/boof.jpg?w=896&ssl=1)
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In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto exchange’s revenue potential and operational strides toward profitability. Goldman Sachs Shifts Gears: […]
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