Oppenheimer upgrades Coinbase (COIN) to cryptocurrency exchange ‘more powerful than many people realize’

“The stock has been under extreme scrutiny during the cryptocurrency winter. While many of its peers have gone bankrupt, COIN is still fighting for its business and industry. We believe the company is stronger than many people think and that its management team is in a better position than most investors. I believe it is stronger. Think about it.” analyst Owen Lau wrote in a note.