Mars Finance News: Wall Street brokerage Cantor has rated the cryptocurrency exchange Coinbase as a buy, with a target price of $245. In early trading, the stock rose by over 5%. Analysts Brett Knoblauch and Thomas Shinske noted that Coinbase is performing well in L2 (Base) and its stablecoin relationship with Circle. They believe the stock is attractive at current levels and expect Coinbase's stock price to rise again once investors gain more insight into the profit potential of Base and stablecoins. (CoinDesk)
Wall Street brokerage firm Cantor rates Coinbase as overweight
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