Jefferies raised the firm’s price target on Coinbase (COIN) to $260 from $210 and keeps a Hold rating on the shares. The firm discussed go-forward set-ups across the group and key themes from Q1 at the company-level in a “Payments Playbook” note for May.
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Read More on COIN:
- Trump Media plans to raise $3B to spend on cryptocurrencies, FT reports
- Crypto Currents: DOJ opens probe into Coinbase breach
- Early notable gainers among liquid option names on May 22nd
- Maine AG filing: Coinbase data breach impacted over 69,000 people
- Bitcoin hits all-time record price of $109,302
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