Citi: Upgrade Coinbase from Neutral to Buy

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ODAILY
07-24
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Odaily Odaily News Citi upgraded Coinbase's rating from neutral to buy and raised its target price from $260 to $345. As of the time of publication, the stock was little changed in pre-market trading, trading at around $266. The bank said the stock could react positively as the regulatory environment improves due to the U.S. election and confidence in its legal strategy increases after overturning the Chevron precedent. (CoinDesk)

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