🟢 Coinbase Global is trading 5% up today after Morgan Stanley raised its target to $258

Coinbase Global is trading at $180.51, up 4.95%, after Morgan Stanley raised its price target, providing a company-specific positive catalyst.

• Morgan Stanley raised its target to $258 from $250 and maintained its Equal Weight rating; reporting said Coinbase shares gained in early trading after the target hikes.
• Bitcoin is up 1.55% and Ethereum 0.76% since the previous close. Modest market-index gains do not appear to explain the full move.