• Coinbase could jump 13% this year as cryptocurrency trading volume accelerates, says Mizuho

    7 days ago - By Business Insider

    Richard Drew/Associated Press
    Mizuho upgraded its price target for Coinbase to $315, from $285.
    The analysts say "crypto exuberance" will help accelerate cryptocurrency trading volume on Coinbase.
    They are cautious in the medium-term because of Coinbase's reliance on trading fees for revenue.
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    Coinbase's stock could be helped by a continued acceleration in cryptocurrency trading volume, according to Mizuho's Dan Dolev. The managing director and his associate Ryan Coyne upgraded their price target for Coinbase to $315...
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