According to CNBC, Bank of America upgraded Coinbase from "Market Outperform" to "Buy," maintaining a $340 price target. Analysts noted that Coinbase is focusing on growth through its "Everything Exchange" strategy, which includes offering tokenized stocks, prediction markets, and more on-chain asset trading services to U.S. users. Despite short-term challenges such as weak trading volumes and a slowdown in USDC growth, the bank believes the current valuation does not fully reflect its long-term potential. https://t.co/gShi5LuRVi
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