Key facts: JP Morgan Raises Coinbase Price Target to $404; CEO Emphasizes Bipartisan Crypto Support
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- JP Morgan has raised its price target for Coinbase Global (COIN) to $404.00 per share, an increase from the previous target of $342.00.1
- Coinbase CEO Brian Armstrong noted strong bipartisan support for U.S. crypto regulation, with a new bill expected by Thanksgiving 2025, focusing on regulating centralized entities like Coinbase.2