COIN Stock Outlook as BofA Raises Target to $203 on Stablecoin Revenue Growth

Coinbase (NASDAQ: COIN) stock price is up today, October 5, after the Bank of America (BofA) raised its target on the shares based on a bullish outlook on the exchange’s stablecoin revenue. COIN stock gains also mirror an uptrend across US crypto stocks, with Circle and Strategy shares also rising by 2.1% and 2.4%, respectively,