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

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

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.

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

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/11/02/morgan-stanley-downgrades-coinbase-slashes-price-target-53-on-weak-earnings-outlook