Coinbase (COIN) Rallies On Crypto Rebound

Coinbase (COIN) rallies as crypto rises. Alex Coffey and Jenny Horne discuss COIN as Oppenheimer reiterates COIN's outperform rating. They note that Oppenheimer cut COIN's price target to $70 from $84. They talk about how the SVB Bank (SIVB) collapse could be good for bitcoin and Coinbase. They go over how COIN is up over 68% year-to-date. Alex then demonstrates an example trade using COIN. The trade type is buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.

Next Gen Investing

13 Mar 2023

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