Morgan Stanley cuts Coinbase price target to $120, downgrades to underweight
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🔻 Morgan Stanley slashes Coinbase price target to $120 and downgrades COIN to underweight.
📉 Coinbase faces weak crypto trading volumes, driving big cuts in revenue forecasts.
⚡ $COIN shares fell as Morgan Stanley flagged challenges in earnings recovery.
Continue Reading:Morgan Stanley cuts Coinbase price target to $120, downgrades to underweight
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8h ago•
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