Oppenheimer slashes Coinbase stock price target to $276 from $200

Odaily News New York financial company Oppenheimer announced that it will significantly increase the target price of Coinbase stock from $200 to $276, which is about 10% higher than Coinbases closing price of $251.58 on Wednesday, and reiterated its buy rating. Oppenheimer said continued adoption of digital assets and blockchain technology could help Coinbase remain a major beneficiary of the cryptocurrency space in the long term. (TheBlock)