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Mar 20, 01:03 PM
Bernstein Rates Coinbase 'Outperform' with 70% Upside Amid Trump Administration, Goldman Sachs Sets Neutral at $195
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Bernstein Rates Coinbase 'Outperform' with 70% Upside Amid Trump Administration, Goldman Sachs Sets Neutral at $195

Authors
  • CoinDesk
  • zerohedge
  • The Block
9

Following the election of U.S. President Donald Trump, analysts at Bernstein have initiated coverage of Coinbase, rating the cryptocurrency exchange as 'outperform' with a potential upside of nearly 70%. This optimistic outlook is attributed to a more crypto-friendly regulatory environment anticipated under Trump's administration. In contrast, Goldman Sachs has taken a more cautious stance, assigning Coinbase a 'Neutral' rating with a price target of $195, reflecting a balanced view on the risks and rewards associated with the stock. Coinbase has also called on the SEC to clarify digital asset regulations as it navigates this changing landscape.

Written with ChatGPT (GPT-4o mini).

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