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Coinbase downgraded at Morgan Stanley; price target slashed 53% on weak earnings outlook

CoinDeskNovember 2, 2026 · 5:34 PM2 min read
Coinbase downgraded at Morgan Stanley; price target slashed 53% on weak earnings outlook

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.

Originally published on CoinDesk

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.

Read the full article on CoinDesk →

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