Home » Coinbase hit with 50% price target cut as post-earnings rout deepens

Coinbase hit with 50% price target cut as post-earnings rout deepens

Coinbase hit with 50% price target cut as post-earnings rout deepens

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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.