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0.00166059133252327 0 0.000405022276225169 0.00121506682867562 0.0047387606318347 0.0028351559335763 0.00384771162413928 0.00384771162413928
Stock impact report

Deutsche Bank predicts 40% surge for tumbling crypto stock [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
is bullish on a popular crypto stock even when it is sinking amid the market crash. Deutsche Bank, the multinational investment bank and financial services company headquartered in Frankfurt, Germany, has initiated coverage of Coinbase (Nasdaq: COIN) and boosted the sinking stock's price target by nearly 40%. Related: Coinbase launches moisturizer for 'diamond hands' Founded in 2012, Coinbase is the largest crypto trading exchange in the U.S. The company, which went public in 2021, joined the S&P 500 index in May this year. However, the crypto company's stock, despite the peaks and lows, is nearly flat year-to-date (YTD) and was exchanging hands at $245.83 at the time of writing. Despite the poor performance on the charts, Deutsche Bank is banking on Coinbase's “Everything Exchange” strategy and has granted it a "Buy" rating. Senior analyst says Coinbase is a clear winner over Circle Coinbase says just 5% in Bitcoin could supercharge your portfolio U.S. government to r Show less Read more
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