Coinbase is the 'most misunderstood' crypto stock and can rally nearly 50%, Bernstein says
CNBC: Investing
JUNE 25, 2025
"Coinbase is the most misunderstood company in our Crypto coverage universe. Despite multiple growth levers, consensus remains bearish on the largest Crypto universal bank," he wrote. Shares of Coinbase closed at $344.82 Tuesday afternoon, meaning Chhugani's revised target represents upside of approximately 48%.
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