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Crypto Bank Silvergate Downgraded by Wall Street Banks, Moody's After Q4 Results, Shares Slump

J,P. Morgan cut its rating on the stock to neutral from overweight and slashed its price target to $14 from $30.

Updated May 9, 2023, 4:05 a.m. Published Jan 6, 2023, 1:15 p.m.
(Will Foxley/CoinDesk)
(Will Foxley/CoinDesk)