TechFlow news: Citigroup upgraded cryptocurrency exchange Coinbase from Neutral to Buy, while raising its price target from $260 to $345.
At the time of the announcement, Coinbase shares were largely unchanged in pre-market trading at around $266. Citigroup stated the stock could see a positive reaction due to potentially improved regulatory conditions following the U.S. election, as well as increased confidence in Coinbase's legal strategy after the overturning of the Chevron precedent.




