Citizens Bank Sees Significant Upside Potential in SharpLink Gaming

Investment bank Citizens has launched coverage on Ethereum treasury company SharpLink Gaming (SBET), assigning it an ‘outperform’ rating and setting a target price of $50. This indicates potential stock gains of over 200%. This optimistic view stems from Citizens’ anticipation for the long-term growth of Ethereum’s price, which is projected to surpass $7,000 by 2026 and potentially reach $20,000 by 2030.