Cantor Fitzgerald Raises Coinbase Price Target to $292 After S&P 500 Inclusion

Описание: Coinbase Global Inc. $COIN, the largest cryptocurrency exchange in the United States, continues to gain institutional credibility and market traction. Founded in 2012 and listed publicly in 2021, the company reached a major milestone in May by becoming the first crypto-native firm to be added to the S&P 500 Index $^SPX. Following this development, Cantor Fitzgerald has revised its 12-month price target for Coinbase from $253 to $292, citing both trading performance and expanding non-trading revenue streams.

This target upgrade signals increasing confidence in Coinbase’s evolving business model and its ability to adapt within a volatile but maturing digital asset ecosystem.

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