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Benzinga

Business

Murtuza Merchant

UNCOVERED: Coinbase seeing landmark month in december notes optimistic analyst report - The Untold Story

Coinbase Brian Armstrong Needham Bitcoin Donald Trump altcoin

Needham & Company has raised Coinbase‘s (NASDAQ:COIN) price target to $420 from $375, citing record-breaking December trading volumes and heightened altcoin activity.

What Happened: "Elevated volatility and a retail-driven surge have made December a landmark month for the platform," Needham analysts noted, according to The Block.

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