Market Movers rounded up the best reactions from investors and analysts on Coinbase Global .
CNBC's Jim Cramer and Mizuho Securities' Dan Dolev discussed the crypto exchange as its shares popped 7.5% Tuesday following an upgrade of the stock by Atlantic Equities to overweight from neutral.
Analyst Simon Clinch maintained the $70 price target on the stock and said: "Coinbase's recent actions allow investors to look through towards the longer-term opportunity.
We are raising our revenue estimates by 8.2% and 7.4% in FY23 and FY24 … making Coinbase the best way to express a view on the crypto market."
Persons:
CNBC's Jim Cramer, Dan Dolev, Simon Clinch
Organizations:
Coinbase, Mizuho Securities