▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Coinbase Stock – $415 Price Target (80% Upside!!)
Citi Starts Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’
Citi initiated coverage of Coinbase (NASDAQ: COIN) Tuesday with a buy rating and $415 price target, saying the crypto exchange “offers investors direct exposure to increased retail and institutional adoption” of digital assets..
“For its position within the crypto value chain, a `networking-based’ business model and strategy, the undeniably very large opportunity set … yes, we believe COIN is investable,” analyst Peter Christiansen wrote in a report. Investors should “buy crypto’s general store,” he said.
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Disclaimer: This is not financial advice, please invest responsibly.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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