CONL Surged 13% And Coinbase Jumped 6% In Morning Trading
CONL Surged 13%, Coinbase jumped 6% in morning trading.
Coinbase closed up 12% on Tuesday, finishing as the best stock in the S&P 500 in the session. Analysts at Benchmark Capital on Monday raised their price target on the stock to $421 from $301 earlier this week, highlighting Senate passage of a bill to regulate stablecoins called the Genius Act. Stablecoins are a "major segment of the company's business," Benchmark said.
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