最新报道:Benchmark reaffirms its "Buy" rating for Coinbase, maintaining a $250 price target, citing the exchange's strategic growth initiatives and strong institutional momentum. Analyst Mark Palmer highlights Coinbase's expanding derivatives offerings, international market penetration, and potential to benefit from upcoming crypto ETFs. The firm notes Coinbase's Q3 revenue beat estimates by 15% despite Bitcoin's price volatility, with institutional trading volumes growing 14% sequentially. Palmer emphasizes Coinbase's positioning as a "critical intermediary" in crypto's institutional adoption, particularly through its custody services for prospective spot Bitcoin ETF issuers.