Coinbase Shares Rise with Product Expansion

Coinbase Shares Increased by 4.6%

Coinbase has increased its shares 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

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 views on Coinbase's ability to execute its "Everything Exchange" strategy. The current price of the shares is $249.16.