Security
Coinbase hit with 50% price target cut as post-earnings rout deepens
Cointelegraph·November 2, 2026·1 min read
Morgan Stanley cut its price target on Coinbase by 50% following the exchange's earnings report, citing slowing trading activity and fallout from the Binance hack. The downgrade reflects concerns over revenue prospects as market conditions weaken, pressuring COIN stock amid broader crypto market turbulence.
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