New for subscribers: Oppenheimer rates Coinbase as outperform, says stock can climb nearly 50% from here. Check out CNBCPro today.
Monitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021.is set up to be a smart, if volatile, bet on the future of cryptocurrency, according to investment firm Oppenheimer
Analyst Owen Lau initiated coverage of the stock on Monday night with an outperform rating, saying that the company should benefit from cryptocurrency's ability at easing financial issues such as cross-border payments and access to banking.
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