BOFA GETS MORE BULLISH ON COINBASE $COIN Bank of America just raised its $COIN price target to $203 from $174 and reiterated its BUY rating. What’s driving the upgrade? Stablecoin revenue — BofA expects stronger revenue from USDC reserves following September’s Fed rate hike. Higher earnings estimates: • 2027 EPS: $3.46 vs. $3.07 previously • 2028 EPS: $6.76 vs. $5.81 previously Coinbase is becoming more diversified — subscription & services represented 48% of Q2 net revenue, reducing dependence on crypto trading alone. ⚠️The short-term picture isn’t perfect: BofA actually lowered its 2026 estimates because of weaker trading volumes. 🎯 BofA target: $203 🟢 Rating: BUY The bigger story: Coinbase is evolving from a crypto exchange into a broader financial infrastructure platform built around trading + stablecoins + payments + derivatives + tokenization. If stablecoin adoption keeps accelerating, $COIN may increasingly become a bet on the infrastructure behind the crypto economy — not just the price of Bitcoin. Would you buy $COIN here? $BTC $ETH $USDC #Coinbase #Crypto #Stocks #Stablecoins