Key Notes

The upgrade reflects confidence in Coinbase's multiple growth areas driven by increased crypto adoption and strategic acquisitions.

Stablecoin revenue expansion is projected to offset potential headwinds from lower US policy rates affecting the platform.

Coinbase continues benefiting from its first-mover advantage as cryptocurrency enters mainstream financial markets and regulatory frameworks.

Rothschild & Co Redburn, a Paris-based finance firm, posted an advisory note to investors on Oct. 3 upgrading Coinbase Global from “neutral” to “buy.”

Rothschild has also started its coverage of Circle Internet Group (CRCL), giving it an initial “neutral” rating and a price target of $136. As of the time of this article’s publication, CRCL is trading at $155.79, according to data from

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