momaek
@hie
According to TheBlock, JPMorgan analysts maintain a neutral rating on Coinbase stock and set a target price of $196 for December 2025. Analysts added that despite lower than expected third quarter performance, Coinbase continues to execute on its long-term plan. Morgan Stanley analysts Kenneth B, Worthington, Michael Cho, Alexander Bernstein, and Madeline Daleiden wrote in a report on Friday: "Despite lower than expected overall performance, Coinbase will continue to play a role in emerging areas of its business. We continue to believe in the cryptocurrency ecosystem and view Coinbase as a leading intermediary, therefore we maintain a neutral rating and a target price of $196 by December 2025 @seung-mi
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