Benchmark raises Coinbase target to $421, citing U.S. and EU regulatory momentum

U.S. investment bank Benchmark has raised its Coinbase price target from $310 to $421 and maintained a buy rating, citing benefits from U.S. crypto legislation like the CLARITY and GENIUS Acts, according to CoinDesk. The firm also noted Coinbase's recent MiCA license approval in Europe as a key growth catalyst, especially for staking and institutional adoption.