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Wall Street Analysts Raise Coinbase Price Target to $421 Amid Strategic Diversification

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Wall Street analysts have issued a new price prediction for Coinbase, raising its price target to $421. Benchmark and JPMorgan cited the exchange’s shift to a multi-asset platform as a key factor. The move includes stock trading and other services, reducing reliance on crypto fees. Analysts see this as a positive price movement, signaling stronger revenue potential. However, regulatory and competitive risks remain.
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