Coinbase hit with 50% price target cut as post-earnings rout deepens
COINTELEGRAPH — 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.
- CODE
- RT-77721F
- PUBLISHER
- Cointelegraph
- TOPIC
- Crypto & Blockchain
- PUBLISHED
- 02 November 2026 · 20:22 UTC
- FIRST SEEN
- 02 November 2026 · 20:30 UTC
- ORIGINAL
- 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
- SHA-256
- 1ba426fcc2a796214c0b2b7f8cbd1064d5cf9f1d22fa23616d4ed3abac341784
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Headline and short excerpt from Cointelegraph, taken from its public news feed. The full story and its photos belong to Cointelegraph — read it at the original. RICHTVX NEWS is an independent aggregator and is not affiliated with Cointelegraph. Corrections: legal@richtvx.news.
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