Coinbase Shares Rise with Product Expansion

Coinbase Shares Increased by 4.6%

Coinbase shares rose by 4.6% following news of a new product expansion. The company introduced a wide range of products, including stock trading and AI-powered tools.

Positive Comments from Analysts

Analysts from JPMorgan, Citi, and Clear Street indicated that this roadmap could expand Coinbase's market and enhance user engagement.

Wall Street Targets

Price targets on Wall Street range from $244 to $505. This reflects differing views on Coinbase's ability to implement its "Everything Exchange" strategy. The current stock price is $249.16.