Goldman Sachs Report Projects Coinbase Stock Will Climb to $306, Looks to DeFi a

[Tanimariya]

The mega-bank initiated its COIN coverage with a deep look at retail exchange upside and long-term growth drivers.
Goldman Sachs analysts presented the bull case for Coinbase Monday with a sweeping report that highlighted upsides across the nascent crypto economy.

Calling Coinbase’s newly listed COIN stock the “best way to gain exposure to the expansion of the crypto-native ecosystem,” the 54-page report provides analysis of decentralized finance (DeFi), competing centralized exchanges and brief overview of everything from dogecoin (DOGE) to monero (XMR) to non-fungible tokens (NFTs). Source Link