🎯 Morgan Stanley’s cut hit the mark
📰 Morgan Stanley downgraded Coinbase and slashed its price target, while also lowering its revenue forecasts. The average analyst price target for COIN has fallen 48% so far this year.
💬 The coin price fell 5%, and trading volume shrank along with it. Exchanges make their money from volatility. When trading revenue slows, the valuation story starts to unravel. This time, the institutions simply spelled it out—leaving no room for doubt.
🏷️ #Coinbase #机构评级 #交易所 #USStocksCrypto
📰 Morgan Stanley downgraded Coinbase and slashed its price target, while also lowering its revenue forecasts. The average analyst price target for COIN has fallen 48% so far this year.
💬 The coin price fell 5%, and trading volume shrank along with it. Exchanges make their money from volatility. When trading revenue slows, the valuation story starts to unravel. This time, the institutions simply spelled it out—leaving no room for doubt.
🏷️ #Coinbase #机构评级 #交易所 #USStocksCrypto