COIN is trading at $248.14 (+4.9%) after Goldman Sachs upgraded the stock to 'Buy' from 'Neutral', calling it a best-in-class crypto play with structural growth ahead.
- Goldman Sachs raised its price target to $303 from $294.
- The upgrade emphasizes the company's structural growth potential, supported by CEO Brian Armstrong's 2026 'everything exchange' vision, including stock trading and prediction markets.
- The move is supported by Bitcoin (BTC) trading up 1.51%.