Bank of America's price target of $233, hiked from $158, implies upside of 18%.
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Bank of America's $340 price target implies upside of almost 40% over the next 12 months for Coinbase shares.
The bank's research arm double upgraded the messaging software name to buy from underperform.
Bank of America named five stocks this week that have plenty more room to run.
Bank of America sees shares of DigitalOcean surging more than 30% from current levels.
Bank of America says these five stocks have plenty of upside following earnings.
Bank of America's new price target has shares of Eli Lilly climbing 22% from here.
