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CryptonomistNovember 2, 20262 min read

Morgan Stanley’s Coinbase downgrade cuts price target from $258 to $120

Analyst Michael Cyprys paired the rating change with sharply lower earnings forecasts as the bank lost confidence in a near-term recovery. Key takeaways Morgan Stanley’s $120 target falls below Coinbase’s October 30 […]

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Morgan Stanley’s Coinbase downgrade cuts price target fro…