From Nasdaq:

Stock analyst Mike Colonnese from H.C. Wainwright more than doubled his price target on Coinbase (COIN) to $250 per share. He cited strong results from the fourth-quarter report, expecting a 44% price gain and an expansion in market share during the upcoming Bitcoin halving. The stock currently trades at 13 times sales and 68 times free cash flow.

The Motley Fool’s Stock Advisor team did not include Coinbase Global in their list of the 10 best stocks to buy now. The service has outperformed the S&P 500 since 2002 and offers guidance on portfolio building and new stock picks each month. Analysts Anders Bylund and The Motley Fool have positions in Bitcoin and Coinbase Global.

Read more at Nasdaq: This Crypto Stock Has 44% Upside, According to 1 Wall Street Analyst