Citi's bullish Coinbase target: 'Buy crypto's general store'

[Dociko]

Multinational investment bank thinks Coinbase stock is worth 30% more than its current price. Financial services multinational Citi initiated coverage of U.S. crypto exchange Coinbase’s stock this week with a very bullish price target.

Citi analyst Peter Christiansen told investors that they could “buy crypto’s general store,” in a research note published on Tuesday, Oct. 26. Citi has given COIN a bullish price target of $415 which is substantially higher than Monday’s closing price of $319.
Source: Cointelegraph