Coinbase Shares Rise with Product Expansion

Coinbase Shares Increase by 4.6%

Coinbase saw a 4.6% rise in its shares following the announcement of new product expansions. The company introduced a wide range of products, including stock trading and AI-powered tools.

Positive Analyst Comments

JPMorgan, Citi, and Clear Street analysts noted that this roadmap could expand Coinbase's market and increase user engagement.

Wall Street Targets

Price targets on Wall Street range between $244 and $505. This reflects differing opinions on Coinbase's ability to execute its "Everything Exchange" strategy. The current share price is $249.16.