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

CoinDesk reported on Mon Nov 2, 8:29 AM CT, unconfirmed by other outlets so far: Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook.

What happened

Sourcing: single source, treat as unconfirmed until corroborated.

Reported from CoinDesk. Site-only brief: it was not posted on X.

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