Piper Sandler Increases Price Target for Coinbase (COIN) to $180
Piper Sandler raised its price target on Coinbase (COIN) to $180 from $150, maintaining a Neutral rating. The move comes amid expectations of constructive management commentary on trading volumes and ongoing geopolitical tensions affecting energy and commodities markets. The firm remains cautious about Q2 performance but sees potential for geopolitical factors to offset some pressures.
Tickers: $COIN
Topics: analyst upgrade Coinbase crypto price target stock analysis