Deutsche Bank has given Coinbase a "buy" rating with a target price of $340.

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ODAILY
12-18
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Odaily Odaily reports that Deutsche Bank has initiated coverage of Coinbase (ticker symbol COIN) with a "buy" rating and a price target of $340, implying an upside of approximately 40% from current levels, citing the cryptocurrency exchange's progress towards becoming what it describes as a "universal exchange."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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