Markets
Morgan Stanley Cuts Coinbase (COIN) Price Target 53% to $120
COINOTAG·November 2, 2026·1 min read
Morgan Stanley downgraded Coinbase Global (COIN) to Underweight on Monday, cutting its price target from $258 to $120, a 53% reduction. The move signals bearish sentiment on the crypto exchange's prospects, potentially reflecting regulatory pressures or market volatility affecting trading volumes and revenue.
Read at COINOTAGDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.