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Crypto News => Crypto News Channel => Topic started by: Administrator on November 03, 2026, 12:38:08 AM

Title: Coinbase hit with 50% price target cut as post-earnings rout deepens
Post by: Administrator on November 03, 2026, 12:38:08 AM
Coinbase hit with 50% price target cut as post-earnings rout deepens

Coinbase hit with 50% price target cut as post-earnings rout deepens

Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the stock.


Source: Coinbase hit with 50% price target cut as post-earnings rout deepens (https://cointelegraph.com/news/morgan-stanley-cuts-coinbase-target-to-120-as-earnings-recovery-outlook-weakens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)