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

- Source: Cointelegraph.com News
- Published: 2026-11-02T20:22:23+00:00
- Category: Markets
- Original: https://cointelegraph.com/news/morgan-stanley-cuts-coinbase-target-to-120-as-earnings-recovery-outlook-weakens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Canonical: https://groundlevelnews.com/story/coinbase-hit-with-50-price-target-cut-as-post-earnings-rout-deepens-61836d/

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.

_Ground Level News shows a short summary only; the full article and all rights belong to Cointelegraph.com News._