Deutsche Bank Initiates Coinbase Coverage With Buy, Targets $340

Deutsche Bank has initiated coverage of Coinbase with a Buy rating, forecasting roughly 40% upside from current levels and setting a $340 price target. The initiation report positions Coinbase as a foundational infrastructure provider for the broader digital asset economy rather than a pure crypto trading venue. source: https://www.ethnews.com/deutsche-bank-initiates-coinbase-coverage-with-buy-targets-340/