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Home > ICO > Citi Initiates Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’

Citi Initiates Coverage of Coinbase With $415 Price Target, Says ‘Buy Crypto’s General Store’

“For its position within the crypto value chain, a `networking-based’ business model and strategy, the undeniably very large opportunity set … yes, we believe COIN is investable,” analyst Peter Christiansen wrote in a report dated Oct. 26. Investors should “buy crypto’s general store.”

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