Equity analysts at Needham & Company on Monday raised their price target for Coinbase to $420 a share, citing strong trading volumes in December and higher volumes of counterfeit products. The company had previously targeted a price of $375. Analysts said in a statement: "The increase in price target is due to the return of a large number of retail activities to the cryptocurrency market, and the volume of transactions in December is expected to reach a record high. Increased volatility, especia...
Trump has appointed Needham as a presidential advisor to the US State Department.