Citi raised the firm’s price target on Coinbase (COIN) to $350 from $275 and keeps a Buy rating on the shares. The firm maintained its Bullish ...

Beyond asset growth, Armstrong has also called for a radical shift in Coinbase's token listing process. In a Jan. 24 post, he noted the challenges posed by the explosion of new cryptocurrencies.

Despite positive Q4 projections, Coinbase's reliance on consumer transaction volume and high valuation multiples pose ...