Coinbase (coin) is upgraded by Goldman Sach from sell to neutral and adjusted their price target to $282 due to the surge in crypto prices and increased daily volumes.

 Previously, JPMorgan analysts downgraded Coinbase’s stock due to market pressures.

Despite technical issues and regulatory challenges, Coinbase has seen significant growth, with its stock price increasing by 105% in the past month and its market share growing from 47% to 60% in the last three months. The platform’s success can be attributed to increased user engagement, leading to high app rankings.