Coinbase could surge 21% due to the growing "cryptoeconomy" and a push to lure in more institutional clientele, CFRA Research says. In a note to clients on Friday, CFRA analysts led by Chris Kuiper, CFA, initiated coverage on shares of Coinbase with a "buy" rating and a $400 12-month price target. The price target represents a potential 21% jump from Monday's intraday low of $330 per share. Kuiper and his team said they believe Coinbase could exceed the Street's high expectations given the growth potential of the "cryptoeconomy." The analysts see Coinbase becoming one of the largest financial exchanges worldwide ... (full story)