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EconomyMorgan Stanley downgrades Coinbase, slashing price target 53% on weak earnings outlook

Analyst Michael Cyprys pointed to sluggish crypto trading and questioned whether earnings can recover.

CoinbaseMorgan Stanleycryptocurrencyearnings outlook

CCoinDesk★★☆☆☆2026-11-02 14:29Original

Morgan Stanley downgrades Coinbase, slashing price target 53% on weak earnings outlook
Morgan Stanley downgrades Coinbase, slashing price target 53% on weak earnings outlookEconomy