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[Morgan Stanley downgrades Coinbase and cuts target price in half to $120] On November 3, Morgan Stanley issued its latest rating report on the cryptocurrency exchange Coinbase, officially downgrading its investment rating from "neutral" to "underweight." At the same time, it slashed the target price from the original $258 to $120, a drop of about 53%. This drastic adjustment directly reflects the institution's strong concerns about the decline of short-term market momentum.
U.S. stock trends 🕐 2026-11-03 15:50
#Coinbase #U.S. stock trends
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