Coinbase Stock Spikes on S&P Anticipation and Bullish Analyst Report

May 18, 2025

Coinbase's stock surged 9% after being added to the S&P 500 and receiving an analyst upgrade, despite recent data breach and ongoing regulatory scrutiny. Benchmark Equity Research raised its target price to $301, anticipating increased investment inflows due to S&P 500 inclusion.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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