coin-img-VOOIVOOI-3.00%coin-img-ETHETH+3.31%coin-img-BTCBTC+0.57%coin-img-UCNUCN+0.10%coin-img-SOLSOL-0.16%coin-img-XRPXRP-0.37%coin-img-USDCUSDC+0.01%coin-img-ADAADA-0.44%coin-img-VOOIVOOI-3.00%coin-img-ETHETH+3.31%coin-img-BTCBTC+0.57%coin-img-UCNUCN+0.10%coin-img-SOLSOL-0.16%coin-img-XRPXRP-0.37%coin-img-USDCUSDC+0.01%coin-img-ADAADA-0.44%coin-img-VOOIVOOI-3.00%coin-img-ETHETH+3.31%coin-img-BTCBTC+0.57%coin-img-UCNUCN+0.10%coin-img-SOLSOL-0.16%coin-img-XRPXRP-0.37%coin-img-USDCUSDC+0.01%coin-img-ADAADA-0.44%coin-img-VOOIVOOI-3.00%coin-img-ETHETH+3.31%coin-img-BTCBTC+0.57%coin-img-UCNUCN+0.10%coin-img-SOLSOL-0.16%coin-img-XRPXRP-0.37%coin-img-USDCUSDC+0.01%coin-img-ADAADA-0.44%
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Kyle Baird

Analysts: Coinbase’s Dec. 17 update boosts bull case; Benchmark keeps $421 target

Following Coinbase’s Dec. 17 system update, JPMorgan and Benchmark said the company’s broadened product slate strengthens the upside case for COIN by expanding use cases and engagement. Benchmark reiterated a Buy rating and a $421 target, while analysts highlighted stock trading, prediction markets, and derivatives aimed at reducing reliance on spot crypto volumes; Deutsche Bank recently initiated with Buy and a $340 target.
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