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

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.

· 1 min read · 68 words · via CoinDesk

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Wire briefing

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.

Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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