Goldman Sachs upgraded Coinbase stock from neutral to buy, raising the 12-month price target to $303, citing the company's diversification beyond trading and strong positioning in crypto infrastructure. Coinbase shares rose 8%, with Goldman seeing potential 18% upside driven by initiatives in infrastructure, tokenization, and prediction markets. The upgrade reflects optimism about broader crypto adoption in 2026, supported by regulatory progress and Coinbase's international expansion, including a recent business platform launch in Singapore.