Citizens Bank released a report on Wednesday covering SharpLink Gaming (SBET) for the first time, giving it a "market outperform" rating with a target price of $50, more than 200% higher than the current trading price of about $15.45. The bank is optimistic about SharpLink as one of the most ambitious Ethereum asset management companies in the public market, with its core strength being actively managing the ETH balance sheet and capturing on-chain revenue. Citizens predicts that the price of Ethereum will surpass $7,000 in 2026 and could exceed $20,000 by 2030.
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