# Wall Street analyst adjustments for Coinbase

> Live situation record from CLSTR: https://clstr.news/situations/wall-street-analyst-adjustments-for-coinbase
> Updated: 2026-10-09T12:15:46.000Z. Sources: 6. Developments: 2.

Financial institutions have issued varying price target adjustments for Coinbase. On October 5, Bank of America raised its price target for the company to $203 from $174, maintaining a ‘Buy’ rating. This increase was attributed to anticipated higher revenue from stablecoins following a Federal Reserve interest rate hike in September 2026, though the bank noted a decline in near-term cryptocurrency trading volumes.

By October 9, Morgan Stanley adjusted its price target for Coinbase to $258 from $250, while maintaining an ‘Equal Weight’ rating. During the same period, Citizens JMP lowered its price target from $325 to $280 but kept a ‘Market Outperform’ rating, stating the company needs to expand its operations beyond cryptocurrency trading.

## Timeline

### 2026-10-09: Coinbase price target raised to $258 by Morgan Stanley

Morgan Stanley raised its Coinbase price target to $258 and its Robinhood target to $160, while Barclays increased its target for MicroStrategy amid strong fintech sector fundamentals.

3 sources. https://clstr.news/cluster/coinbase-price-target-raised-to-258-by-morgan-stanley

### 2026-10-05: Bank of America raises Coinbase price target to $203

Bank of America raised its Coinbase price target to $203 from $174, citing expected growth in stablecoin revenue following Federal Reserve rate hikes, despite lower near-term trading volumes.

3 sources. https://clstr.news/cluster/bank-of-america-raises-coinbase-price-target-to-203

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Cite as: Wall Street analyst adjustments for Coinbase. CLSTR, https://clstr.news/situations/wall-street-analyst-adjustments-for-coinbase