[Bank of America: Raises Coinbase Price Target from $174 to $203] BlockBeats News, October 5, Bank of America raised Coinbase's price target from $174 to $203 and reiterated its 'Buy' rating. The bank expects stablecoin revenue to further grow following the Federal Reserve's rate hike in September, leading to an upward revision of Coinbase's earnings per share (EPS) estimates for 2027 to 2028. However, due to weaker cryptocurrency trading volumes, Bank of America lowered its near-term performance expectations for Coinbase, despite Bitcoin and Ethereum rising 43% and 70%, respectively, in the third quarter. [Original Link]