Defi
Coinbase (COIN) Stock: Citi Partnership Sparks Price Target Hike
CoinCentral·September 28, 2026·1 min read
Citigroup partnered with Coinbase to let its corporate clients accept stablecoin payments. Coinbase will supply blockchain rails, while Citi handles settlement as the bank of record. Robert W. Baird raised its Coinbase price target from $130 to $205, implying about 5% upside. Coinbase's Q2 results missed expectations, posting a $1.36 loss per share.
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