logo
About Contact

Coinbase Faces Major Price Target Cuts from Morgan Stanley Amid Weak Earnings Outlook

Crypto News

Coinbase Faces Major Price Target Cuts from Morgan Stanley Amid Weak Earnings Outlook

Morgan Stanley Slashes Coinbase Price Target 53% to $120

The Crypto Times

Morgan Stanley Slashes Coinbase Price Target 53% to $120

Morgan Stanley downgrades Coinbase stock to Underweight and slashes its price target by 53% to $120 after weak Q3 revenue and lower earnings forecasts.

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

Cointelegraph

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.

Coinbase Price Target Cut by 50% After Post-Earnings Selloff

Crypto Breaking News

Coinbase Price Target Cut by 50% After Post-Earnings Selloff

Morgan Stanley has turned more cautious on Coinbase, cutting its stock price target by more than half and warning that the cryptocurrency exchange’s profit recovery could take longer than...

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

CoinDesk

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.

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.