PANews cited Investing.com as saying that Morgan Stanley downgraded Coinbase(COIN) from “Equal-weight” to “Underweight” and lowered the price target from 258 USD to 120 USD。
Citizens, after Alphabet released its Q3 report, downgraded its rating from “outperform” to “market perform” and set no price target. The institution said that although query growth was strong, the monetization transition from an AI overview to agent tools faces execution risks.