Goldman Sachs raised its acquisition proposal for Coinbase.

Goldman Sachs' Broker Assessments

Goldman Sachs expressed a "selectively positive" outlook on brokerage firms and cryptocurrencies for the year 2026. This assessment was made considering resilient retail trading and regulatory advancements.

James Yaro and his team upgraded Coinbase (COIN) shares to a "buy" recommendation, while downgrading eToro (ETOR) shares to a "neutral" position. Following these changes, COIN shares showed an increase of more than 4% in pre-market trading, while ETOR shares experienced a slight decline.