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

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.

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

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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.

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