Coinbase Global Inc. (NASDAQ:COIN) is considered an oversold stock to buy now, with price target reductions from analysts on January 6. Bernstein sees a tokenization supercycle in 2026, while Rosenblatt cites trading slowdown but remains bullish on Coinbase’s long-term potential. However, Goldman Sachs upgraded COIN to Buy, highlighting recent product launches.
Coinbase Global Inc. (NASDAQ:COIN) operates a platform for crypto assets in the US and internationally. While COIN has investment potential, some believe AI stocks offer greater upside with less risk. For those interested, a report on the best short-term AI stock is available. Check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” for more insights.
Goldman Sachs upgraded Coinbase Global Inc. (NASDAQ:COIN) to Buy from Neutral with a price target of $303 from $294, praising the company’s recent product launches and competitiveness in the crypto infrastructure expansion. This move comes amidst price target reductions from other analysts, reflecting differing perspectives on COIN’s future performance.
Read more at Yahoo Finance: Bernstein Gives Coinbase (COIN) an Outperform Rating Amid Tokenization Supercycle Outlook
