Crypto-Focused Bank Silvergate Gains 6% as Morgan Stanley Sees Big Upside for Shares — CoinDesk

“Given the wide range of outcomes, both in terms of its growth potential and meaningful risk factors, SI has the widest risk-reward skew of our coverage, with a $300 bull case (189% upside) and a $40 bear case (61% downside,” Zerbe wrote, referring to Silvergate’s ticker symbol.

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