Coinbase Analysts: Crypto Exchange Well Positioned to Continue Strong Growth Trajectory Coinbase Global Inc (NASDAQ:COIN) shares started Friday reacting positively to cryptocurrency's mixed quarterly results, but have since retreated. Two analysts think the company is still worth looking at. The Coinbase Analysts: Piper Sandler analyst Richard Repetto initiated coverage of Coinbase shares with an Overweight rating and $335 price target. Reacting to the results, Rosenblatt Securities analyst Sean Horgan maintained a Buy rating and increased the price target from $400 to $450. The Coinbase Theses: Coinbase & Crypto To Evolve Together, Piper Sandler Says: Notwithstanding expectations for volatility in shares, Coinbase is favorably positioned to continue its strong growth trajectory, Piper Sandler analyst Repetto said.