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Needham says Coinbase is a buy and expects the stock to bounce back to its public debut highs

Coinbase signage in New York's Times Square during the company's initial public offering on the Nasdaq on April 14, 2021.
Robert Nickelsberg | Getty Images

Coinbase should be able to claw back its losses since its public market debut as the strength of its platform and new revenue opportunities come into focus, according to investment firm Needham.

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