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BofA Raises Coinbase Target to $203 on Stablecoin Growth

Original: coinbase

Bank of America has raised its price target on Coinbase stock to $203, citing growing stablecoin revenue at the crypto exchange. The upgrade is drawing attention from investors watching whether Coinbase's stablecoin business can keep driving earnings alongside broader crypto market activity.

Why now: A major bank's raised price target on Coinbase is fresh news for crypto and stock market watchers.

CoinbaseBank of AmericaCOIN

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