"Coinbase Receives Rare Upgrade and Surges as Crypto Market Soars"

Investment bank Oppenheimer upgraded Coinbase's stock to "outperform" with a price target of $160 per share, citing the company's strength and tough management team. The upgrade is based on factors including the potential success in its lawsuit against the SEC and its role as a custodian for approved bitcoin ETFs. Analyst Owen Lau predicts increased trading volume and a good chance for Coinbase to become profitable in the year ahead, despite recent stock underperformance.