---
title: "Coinbase downgraded at Morgan Stanley; price target slashed 53% on weak earnings outlook"
url: https://thecoingazette.com/coinbase-downgraded-at-morgan-stanley-price-target-slashed-53-on-weak-earnings-outlook/
date: 2026-11-02
modified: 2026-11-02
lang: en
author: "Coin Gazette Editorial"
description: "Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 14
---

# 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.