Morgan Stanley has initiated coverage of Coinbase Global Class A shares for the first time, assigning the stock an "Equal-weight" rating and setting a $250 price target. The update was reported in a brief newsflash carried by Odaily. The source item did not include the bank’s detailed rationale, valuation framework, or time horizon for the target price. No additional commentary or supporting figures were provided in the original report beyond the rating action and target.
Morgan Stanley has initiated coverage of Coinbase Global Class A shares for the first time, assigning the stock an "Equal-weight" rating and a $250 price target, according to an Odaily newsflash.
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