<ul data-eligibleForWebStory="true"><li>Analysts are optimistic about the growth potential of Coinbase stock, believing that the recent rally is just the beginning.</li><li>Benchmark analyst Mark Palmer raised his price target for Coinbase from $301 to $421, emphasizing recent "transformational" events.</li><li>Palmer highlighted regulatory wins and new product launches seen as key drivers for expanding Coinbase's revenue.</li><li>Cantor Fitzgerald also expressed positivity, reiterating their "overweight" rating and lifting the price target to $292.</li><li>The GENIUS Act's bipartisan approval is seen as a crucial development for Coinbase, providing a legal structure for stablecoins.</li><li>Coinbase's association with Circle, issuer of USDC stablecoin, positions the exchange for significant gains if the bill becomes law.</li><li>The legislative progress, combined with operational improvements, sets the stage for Coinbase's success in the digital asset realm.</li></ul>

Coinbase Stock Soars: Analysts See “Transformational” Growth Ahead

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