Wall Street Latest Ratings on Tuesday: Goldman Sachs Upgrades Coinbase Price Target, AMD Receives Strong Buy, NVIDIA and Others Receive Buy Reiteration

BlockBeats News, August 25th. Several Wall Street institutions released their latest stock ratings and target price adjustments. Goldman Sachs raised Coinbase's target price from $173 to $196, maintaining a "Buy" rating. They believe that if the crypto market environment continues to improve and new businesses such as derivatives and prediction markets grow, COIN will have additional upside potential.

Raymond James upgraded AMD's rating from "Outperform" to "Strong Buy," with the target price rising from $565 to $641. Bank of America maintained "Buy" ratings for NVIDIA, Marvell, and Micron, stating that stocks such as NVDA, MRVL, MU, and AMD have more attractive positioning opportunities.

In addition, Canaccord maintained a "Buy" rating for Strategy and raised the target price from $130 to $175. Wolfe maintained Netflix as "Outperform," increasing the target price from $84 to $95.

In other rating updates, Morgan Stanley upgraded Dynatrace to "Equal-weight," UBS raised Fluence to "Neutral," Wolfe elevated Moderna to "Peer perform," and Wells Fargo increased Shift4Payments to "Equal-weight."