Morgan Stanley Initiates Coinbase Coverage With Neutral Rating, $250 Price Target
JOON HYOUNG LEE
Summary
- Morgan Stanley has set a $250 price target on Coinbase, the U.S. cryptocurrency exchange.
- Morgan Stanley assigned a neutral rating to Coinbase and set a $250 price target.
- Coinbase shares closed at $174.72, down 2.36% from the previous trading day.
Forecast Trend Report by Period
Morgan Stanley has initiated coverage of U.S. cryptocurrency exchange Coinbase with a $250 price target.
Odaily reported on September 10 that Morgan Stanley assigned Coinbase a neutral rating and set a $250 target price. This marks the bank’s first time launching coverage on the company.
Coinbase shares closed at $174.72 in the previous session, down 2.36% from the prior trading day.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul